Tradition takes 10% stake in IFX Group

The deal, which was completed on February 6, reflects the firm’s overall interest in electronic intermediation and transaction businesses, said Patrick Combes, chairman of Compagnie Financière Tradition.

Terms of the transaction were not disclosed but the shares were bought from former chief executive and founder of IFX Graham Wellesley confirmed Robin Houldsworth, managing director of Europe at Tradition in London. He declined to comment on the value of the stake, but a source close to IFX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: