Behind Citi's Lava Trading Deal

Friedlander, Josh
July 2004
Investment Dealers' Digest;7/12/2004, Vol. 70 Issue 28, p7
Trade Publication
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.


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