To your continued success in your new home!
Spotted this short piece yesterday in the Times online:
ODL takes on spread betters
DERIVATIVES and foreign-exchange broker ODL Securities has bought Bestconnect, an electronic-dealing service, from investment bank Dresdner Kleinwort for about £5m. ODL, led by Graham Wellesley, a descendant of the Duke of Wellington, aims to use Bestconnect technology to launch into the retail spread-betting market competing with rivals such as CMC and City Index. Last year Wellesley lost out to City Index in the battle to buy IFX, the spread-betting and forex group.
The bestconnect team was previously part of the Digital Markets group I ran at Dresdner. I wish them all the best and a great start in their new home.
