Options Sapped, Atriax Ceases Operations
TRANSACTION SYSTEMS
LONDON--Forex trading system Atriax announced late last Friday that it would cease operations as of April 12. The news follows recent speculation that Atriax and fellow FX trading portal Fxall were in merger talks and reflects the common wisdom that the financial community will not support four major FX portals.
"After a thorough review of market conditions and having explored various strategic options, including ultimately unsuccessful merger discussions with other entities, Atriax was unable to
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