Boston Technologies has announced a merger with Forexware, an established software developer for enterprising trading applications in the FX space.
Focused exclusively on institutional FX business, the new company will leverage the technology infrastructure, to advance and enhance the capabilities the firm offers to institutional customers.
“Our primary focus remains squarely on our customers,” said George Popescu, CEO of Boston Technologies in a released statement. “We want to be sure that our customers receive the ideal blend of liquidity and technology that will allow them to remain highly competitive in the marketplace. We expect the combined entity to continue to grow at an impressive rate, enjoying the consolidated expertise of both firms. The servers, products, feeds, prices and customer service teams will remain the same and clients can expect the same level of superior service they’ve grown accustomed to.”
The financial details of the transaction were not disclosed.
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