Post-crisis shakeout will reveal new leaders
The year kicked off with what is rumoured to be a no-cash cross-licensing deal between Citi and FXall. The deal would allow Citi to continue licensing Lava technology for its single dealer system, Velocity, while FXall gained the continued support of Citi on electronic communications network LavaFX. FXall declined to comment on the terms of the deal while Citi did not respond to enquiries at the time.
What FXall did comment on was that it plans to have integrated its incumbent electronic
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