Check this out. Popular ECN brooker MB Trading has just acquired another ECN broker called EFX Group. I don’t know much about EFX but I did some research on MB Trading and I may open up an account with them when I’ve got “bick bucks” to trade with. Anyways, here is the official news release:
Dear EFX Clients,
Effective March 1st, EFX Group has been acquired by Manhattan Beach Trading, Inc. (MBTI), the financial services holding company of MB Trading Futures, Inc. (MBTF) and MB Trading. Your account is already held at MBTF, and therefore nothing will change for your account except forthcoming changes in accessing information regarding your account. Currently, the EFX website permits access to your account through its secure login and will continue to do so. Over the course of the next few weeks we will change this to access information from your account at www.mbtrading.com/fx.
The EFX team will still be available to answer your questions about how to use the platform, how the technology works, new account info, Live Helper, etc.
Over the next few weeks our operation is going to expand to help educate people about all markets that MBTI’s subsidiaries cover: including Stocks, Futures and Options. The EFX team will continue to be involved in providing you the level of service that you have become accustomed to.
We have attached the Press Release related to the acquisition via the following link: EFX NEWS
Thank you for your support of EFX Group over the years – we look forward to working with you under the prestigious name of MB Trading.
Feel free to contact us directly with any questions.
4 thoughts on “MB Trading Acquires EFX Group”
Wow, great news and makes perfect sense! I have been a client of EFX for almost two years and with the addition of MBT services of Stock and Options with Forex this is a great idea. Kudos!
Definitely Harry it is good news. MB Trading has been getting a lot of rave reviews from traders and no doubt EFX is in good hands.
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