One of the first casualties from the January 15 Swiss Franc spike was Boston Prime, the FX prime brokerage arm of Forex IT and technology company Boston Technologies. Boston Prime was declared bankrupt on January 27, unable to collect on money it was owed while itself owing traders and brokerages who were on the right…
Read moreJoint Special Administrators Michael David Rollings and Steven Butt of Rollings Oliver are licensed to act as Insolvency Practitioners in the UK by the Insolvency Practitioners Association.
Read moreA look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles sign up to our Daily Forex Industry Newsletter on the right. → ThinkForex/FCA | https://www.leaprate.com/Ykaoq Cyprus Forex brokers | https://www.leaprate.com/6sC6x IC Markets | https://www.leaprate.com/2v2iC Boston…
Read moreLior Shmuely, CEO of Forex brokerage technology provider Archer Consultants details his proposal for brokers wishing to migrate from Boston Prime
Read moreAs 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 more“This is a very challenging time for the industry and we will undoubtedly see the entire industry re-shaped following this historic market event”, said Natallia Hunik, Vice President of World Wide Sales at Boston Technologies Powered by Forexware
Read moreBoston Technologies has today announced the launch of EURRUB and USDRUB, available via the firm's MT4 platform, BT Xware Trader or via FIX API with trading conditions from 0.01 standard lot and 100:1 leverage
Read moreBoston Technologies liquidity partner Boston Prime issued today an interesting graphic showing their latency speeds across different setups and locations on their MT4 servers. Time flies as it's already been a month since Boston Technologies and Forexware formal merger announcement. Boston Technologies is credited with launching the first commercial MT4 Bridge in 2007 to the…
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 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.…
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