Trinitas Capital Sells Isle of Man Financial Betting Business to Regent Markets Group
LONDON--(Business Wire)--
Trinitas Capital (IOM) Ltd., ("Trinitas Capital") the specialist in financial
derivatives trading and technology, is proud to announce the sale of its
financial betting business to Regent Markets Group ("Regent Markets").
From today, the company will discontinue the management of its award winning web
site, www.BetsForTraders.com. All clients will have the option to continue
betting on stocks, indices, foreign exchange and commodities on Regent Markets`
flagship site www.BetOnMarkets.com. Trinitas Capital has sold its software
assets and other intellectual property to IG Group PLC.
"We are proud to have sold the business to Regent Markets. Having grown it from
scratch over the last few years, the sale will provide expansion capital that
will be used to fuel the group`s other trading areas. We plan to double staff
numbers at our technology center and continue to focus on research and
development of derivative market making systems. Regent Markets is a first class
company with a stellar management team that is licensed in our own jurisdiction.
We are confident that our clients are in good hands", commented Nick Maughan,
CEO of Trinitas Capital.
Jean-Yves Sireau, CEO of Regent Markets said: "We are delighted to be acquiring
the business from Trinitas Capital as part of our ongoing expansion. Since
launching the business in 1999 we have sustained considerable organic growth.
The team at Trinitas has built up a nice book of business and we look forward to
providing equally high levels of client service and fast trading times."
TopLine Communications
Heather Baker / Aakriti Jain / Luke Budka
+44 (0) 207 886 0856
info@toplinecomms.com
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