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Acquisition

Lexinta acquires Eternitrade


The Lexinta Group has acquired Eternitrade, a private wealth management solutions group, and the Eternitrader online trading platform.

The deal, which completed on 29 June 2014, follows a string of strategic investments made by the Lexinta team in recent months.
 
Eternitrade AG is an independent asset management company based in Sarnen, Switzerland. The company specialises in asset management with a global network of both private and institutional clients. Its 'Eternitrader' online trading platform supports the transaction of equity, bond, FX and derivative securities in over 80 markets across the globe.
 
Lexinta Group chief executive Bismark Badilla says: "With a great delight, I am proud to welcome Eternitrade to the Lexinta community. 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."

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