TITLE

Behind Citi's Lava Trading Deal

AUTHOR(S)
Friedlander, Josh
PUB. DATE
July 2004
SOURCE
Investment Dealers' Digest;7/12/2004, Vol. 70 Issue 28, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Citigroup's acquisition of Lava Trading Inc. to improve its electronic trading proficiency. Claim that Citigroup's main motive for the acquisition was to escape its status as a prime brokerage; Expected closure of the Lava acquisition in the third quarter of 2004; Products provided by Lava.
ACCESSION #
13723699

 

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