FXITG Buys 50% Wheatley AM Stake

Forex International Trading Group has acquired an equity interest in introducing broker, forex firm and commodity trading adviser, Wheatley Asset Management.

Forex International Trading Group (FXITG) has acquired an equity interest in introducing broker, forex firm and commodity trading adviser, Wheatley Asset Management. As a part of the agreement, the buyer has obtained a total of 50% stake in Wheatley.

With the acquisition, FXITG will be able to develop an international financial services company. Headquartered in Las Vegas, FXITG operates an advanced online trading platform for forex markets to non U.S. residents.

Click here for the release from Business Wire.