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BRIEF OBJECTS
LAVAFX STILL ON TRACK
Citigroup’s planned acquisition of direct market access vendor Lava Trading will not alter the New York-based firm’s plans to launch LavaFX, a multi-bank FX trading platform, next month. “It’s business as usual-we are going to remain a neutral provider and we will have strict firewalls and client confidentiality safeguards to ensure that,” says the bank’s spokesperson, adding that the acquisition, expected to go through in Q3, would enable Lava to expand more
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