Zodia Markets Enhances Over-the-Counter Business with Acquisition of Elwood Trading Desk

Wednesday, 17 July 2024, 07:30

In a significant development, Zodia Markets, backed by Standard Chartered, announces the acquisition of Elwood Trading Desk. This move aims to bolster Zodia Markets' presence in the over-the-counter market segment and allows Elwood to focus on software-as-a-service endeavors. The strategic acquisition underscores the commitment to expanding market reach and optimizing operational efficiencies within the financial technology sector.
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Zodia Markets Enhances Over-the-Counter Business with Acquisition of Elwood Trading Desk

Zodia Markets to Acquire Elwood Trading Desk

In a strategic maneuver, Zodia Markets, supported by Standard Chartered, has revealed plans to acquire Elwood Trading Desk. This acquisition is set to fuel Zodia Markets' over-the-counter business, enhancing its market position and offerings.

Strengthening Market Presence

The deal signifies a crucial step towards solidifying Zodia Markets' foothold in the competitive financial landscape. By integrating Elwood Trading Desk's operations, Zodia Markets aims to diversify its portfolio and cater to a wider range of clientele.

Focus on Innovation and Efficiency

With Elwood Trading Desk now under Zodia Markets' umbrella, Elwood can direct its resources towards advancing its software-as-a-service activities. The move enables both entities to play to their strengths and streamline their respective business objectives.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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