Compagnie Financière Tradition sells ETX Capital

Tradition is to sell Monecor which operates the financial spread betting site, ETX Capital, catering to private investors. The sale is subject to regulatory approval from the FSA.

With a presence in 20 countries, Compagnie Financière Tradition is one of the world’s three leading interdealer brokers of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and commodity-related products (precious metals, energy and environmental products, and pulp and paper). Compagnie Financière Tradition is listed on the SWX Swiss Exchange (CFT).

Tags: ETX Capital, etxcapital

This entry was posted on Thursday, February 15th, 2007 at 3:52 am and is filed under Industry Happenings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.