MF Global Holdings, a broker-dealer providing trading and hedging solutions, has bought Strategy Runner Trading, a multi-asset front-end trading system and algorithmic trading solutions provider. The transaction was valued at $3.75 million.
The deal accelerates MF Global’s strategy to create a multi-asset, multi-currency, electronic trading platform to meet demand among retail investors and professional traders for cost-effective global market access from a single point of entry. Currently, Strategy Runner’s platform provides trading in futures, foreign exchange and contracts for difference (CFD) markets across the world.
Click here for the release from Business Wire.