ODL acquires Fixi's clients
Alex Mackinnon, global head of foreign exchange at ODL Securities in London, said the client accounts and positions began transferring to ODL last Monday (September 22). The two companies reached an agreement for the sale on the week of September 15 for an undisclosed fee.
Mackinnon declined to disclose how many clients ODL gains from the deal and what it means for the future of Fixi. Earlier this year, it emerged that an algorithmic trading client of Fixi had blown up, which resulted in around
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