Lexinta Group, a Germany-based asset management firm, has completed the acquisition of Eternitrade, a Swiss-based private wealth management solutions group and the Eternitrader online trading group.
The acquisition follows a series of strategic investments made by the Lexinta Team.
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The deal will expand Lexinta’s presence in the wealth management community globally.
The terms of the deal have not been disclosed.
Bismark Badilla CEO of Lexinta Group said: "Like Lexinta, Eternitrade is a company built on the philosophy of professionalism, transparency and confidentiality, and I look forward to great prospects within our growing team."
Eternitrade specializes in asset management with a global network of both private and institutional clients and its online trading platform, Eternitrade, supports the fluid transaction of equity, bond, FX and derivative securities in over 80 markets globally.
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