Widmer Options Acquires Grün Financial
Summary
"We anticipate significant growth in the futures industry, and this acquisition provides us with a world-class platform to expand our market presence by appealing to institutions and highly active traders.widmeroptions.com), today announced it has signed a definitive agreement to acquire Grün Financial, for approximately EUR 7 million, plus additional consideration based upon future performance.The Grün Financial platform contains a set of complex systems and order routing technology specifically designed to meet the standards of high volume commodities and futures traders."We anticipate significant growth in the futures industry, and this acquisition provides us with a world-class platform to expand our market presence by appealing to institutions and highly active traders."This business combination provides a tremendous opportunity for us to accelerate Grün Financials growth by leveraging Widmer Options robust infrastructure.