As a result of the severe volatility in the currency markets on January 15 this year, the day in which the Swiss National Bank removed the 1.20 peg on EURCHF, another casualty has been claimed, this time Boston Prime
Read moreAs first reported last week at LeapRate, the Boston Technologies and Forexware merger became official on Friday. Still no word, however, from CFH and former BT co-founder Kevin Millien at to whether or not they will fight the merger, or if they are somehow participating in it. The following is the text of the official…
Read moreLeapRate Exclusive - LeapRate has learned that FX platform companies Boston Technologies and Forexware are about to merge, and will keep the Boston Technologies name - initially under the brand Boston Technologies Powered by Forexware . BT is owned primarily by CEO George Popescu and former BT co-founder Kevin Millien. LeapRate readers will recall that back in May…
Read moreFollowing Boston Technologies having refuted the proposed M&A activity, CFH responds with confirmation of its plans to forge ahead
Read moreWell this is interesting. As reported on LeapRate, Friday saw the issue of a press release by Copenhagen-based CFH Group - owner of the CFH Clearing, CFH Systems, and Tradable brands - that CFH had reached an agreement to acquire a 50% stake in Boston Technologies as well as its prime brokerage operation Boston Prime.…
Read morePress release attached, more details to follow... 16 May 2014 - Copenhagen, Denmark: CFH Group has entered into an agreement to purchase 50% of voting stock of Boston Technologies Inc. and Boston Prime Ltd in an all-cash transaction from Boston Technologies’ co-founder and partner, Kevin Millien. The deal is expected to close within days, pending final due…
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