Pronet Puts Itself Up For Sale

DATA DISPLAY AND ANALYTICS

London FX and derivatives research and data provider Pronet Analytics has put itself up for sale following a downturn in business on the back of worsening market conditions, it announced last week.

"This is a way to gently break the news to customers that there are changes in the works rather than dumping it fait accompli on them," says Pronet’s chief executive Shane Smith.

Smith says the company decided to take this step as a result of the wider downturn in the economy. "This is a reaction to

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