Fini Group buys Traders Development

Source: FINI Group

FINI Group (Pink Sheets:FGRP) announced today that it has acquired Traders Development LLC, a developer of financial services software.

Gennady Levtchenko, President of FINI Group, stated, "The acquisition of the business of Traders Development LLC will permit the Company to complete its transformation into a provider of technology to companies engaged in the Foreign Exchange (FOREX) market. The primary asset of Traders Development LLC is the trading software known as Avalon FX Pro, which is an innovative software platform in use today by foreign exchange trading companies."

No further terms of the agreement were announced.

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