Fx Trading:TradeStation acquires Interbank FX (IBFX)
Article Summary:
TradeStation acquires Interbank FX (IBFX)by Michael Greenberg at Forex MagnatesCouple of months ago I published that Gain Capital is about to acquire Interbank FX after several rounds of discussions with potential investors. In that round Gain remained as
Article Content:
TradeStation acquires Interbank FX (IBFX)by Michael Greenberg at Forex MagnatesCouple of months ago I published that Gain Capital is about to acquire Interbank FX after several rounds of discussions with potential investors. In that round Gain remained as the last bidder. This deal however failed at the last moment for reasons not known to me – but not hard to guess that it was a disagreement over final price.IBFX didn’t give up on trying to be sold and today finally succeeded – TradeStation (which itself was acquired by Japanese Monex Group few months back) just announced that it reached an acquisition agreement with IBFX.Nov.16 TradeStation Acquires IBFX Holdings(58KB)
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