Online forex trader, Forex International Trading, has signed a deal to acquire a 51% stake in ParagonEX, 4-traders reports. ParagonEX is a software company that creates advanced online trading platforms. ParagonEX provides software for Triple 8, which is around 50% owned by Forex International Trading. The deal is subject to certain requirements, including due diligence, execution of a mutually-acceptable definitive purchase agreement and other customary conditions.
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