MF Global Acquires Multi-Asset Retail Trading Platform
17 Outubro 2011 - 12:45PM
Business Wire
MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing
trading and hedging solutions, today announced that it has acquired
Strategy Runner Trading Ltd., a multi-asset front-end trading
system and algorithmic trading solutions provider that enables
professional traders and retail investors the ability to access,
automate, distribute and implement trading strategies. The firm
paid $3.75 million for the acquisition.
This acquisition advances MF Global’s strategy to build a
comprehensive multi-asset, multi-currency, electronic trading
platform to meet demand among retail investors and professional
traders for efficient, cost-effective global market access from a
single point of entry. Strategy Runner’s platform currently offers
trading in futures, foreign exchange and contracts for difference
(CFD) markets around the world. MF Global intends to expand this
offering over time.
The firm recently restructured its Retail Services division to
better serve global retail clients and professional traders. The
realignment of the business focused on leveraging MF Global’s
geographic footprint and diverse product offering to create a
unified and scalable, customer-focused retail platform.
“As one of the world’s leading futures and options brokers,
we’re maximizing the power of our global resources and brand to
provide broad market access and better serve our key client
segments,” said Randy MacDonald, global head of Retail Services, MF
Global. “Through the strategic addition of Strategy Runner, we will
work to build an enhanced platform for clients to execute unique,
automated trading strategies across multiple asset classes. We
believe our global distribution coupled with Strategy Runner’s
innovative platform will offer best-in-class service and
opportunities to investors and traders around the world.”
“We are thrilled to be joining MF Global,” said Yakov Becker,
chief executive officer, Strategy Runner Trading. “We’re proud of
the progress we’ve made in creating this platform and excited about
the opportunities presented by this combination and the potential
to accelerate investment and distribution of our products. We look
forward to continuing to serve Strategy Runner clients, and expand
our offering to retail investors around the world.”
About Strategy Runner
The Strategy Runner trading platform provides a professional,
customizable charting package, an all-inclusive analytics package
complete with hundreds of technical indicators and money management
features including trade-outs and scale-outs. For individual
investors, Strategy Runner provides access to third-party trading
strategies via Strategy Exchange, which enables clients to utilize
algorithmic trading techniques and gain exposure to the benefits of
alternative markets.
About MF Global
MF Global (NYSE: MF) is one of the world’s leading brokers of
commodities and listed derivatives. The firm delivers trading and
hedging solutions as a broker-dealer across all major markets for
futures and options, commodities, fixed income, equities and
foreign exchange. MF Global provides access to more than 70
exchanges around the world and is a leader by volume on many of the
largest derivatives exchanges. The firm is also one of 22 primary
dealers authorized to trade U.S. government securities with the
Federal Reserve Bank of New York. MF Global helps clients discover
and capitalize on market opportunities by providing actionable
insight, market expertise and deep liquidity. For more
information please visit mfglobal.com.
Forward-Looking
Statement
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: Forward-looking statements in this press
release, including statements relating to the Company’s future
revenues and earnings, plans, strategies, objectives, expectations
and intentions, are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements are inherently
subject to risks and uncertainties, many of which cannot be
predicted with accuracy, and some of which might not be
anticipated. We caution you not to place undue reliance on these
forward-looking statements. We refer you to the Company’s latest
Annual Report on Form 10-K on file with the Securities and Exchange
Commission (SEC), and any amendments thereto, for a description of
the risks and uncertainties the Company faces.
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