Lava FX: Lava starts to flow

Are we witnessing the birth of a new EBS?

Perhaps like many, my first reaction when I heard that David Ogg had left his role as head of Lava FX, was to add two and two together and conclude that Citi was about to pull the plug on its subsidiary and trigger the long-awaited consolidation in the platform space. However, it seems that perhaps I should have paid a bit more attention in my maths lessons all those years ago, because this time I got the sum wrong.

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