Seeking Alpha

Citigroup (C +1.4%) to sell its LavaFX forex platform to FXall for an undisclosed sum. Multibank...

Citigroup (C +1.4%) to sell its LavaFX forex platform to FXall for an undisclosed sum. Multibank platforms such as FXall and LavaFX are gaining market share in the $3.2T/day currency markets, but ICAP's (IAPLY.PK -0.5%) EBS still holds the lion's share of spot currency trade in the major currency pairs.
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