Consolidation is hitting not just the FX brokerage sector, but also those who sell technology solutions to it.
Congratulations to our friend Stephen Leahy and his staff at CMAP — CMAP has been as advertiser with LeapRate since Day One here — on CMAP’s acquisition by oneZero Financial Systems.
CMAP and oneZero have been cooperating for a long time. CMAP’s main business is linking brokers’ MT4 systems with the brokers’ liquidity providers of choice, via the oneZero Financial Liquidity Bridge.
We’ll have more on this acquisition in the coming days. Stay tuned to LeapRate…
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.