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:: The Park Paradigm ::
Markets for the Digital Generation

To your continued success in your new home!

Blogged in People by Sean Tuesday January 23, 2007

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.

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