BOSTON, Jan. 16, 2015 /PRNewswire/ -- Boston Technologies Powered by Forexware, a leading provider of financial technology and one of the fastest growing companies in Boston, and its liquidity provider partners, Boston Prime Ltd. and BT Prime Ltd., are fully operational following yesterday's historic market volatility in CHF currency pairs.
As a consequence of the Swiss National Bank's decision to discontinue its minimum exchange rate, markets suffered extreme illiquidity conditions which forced our liquidity providers to temporarily suspend trading following the bank's announcement and to re-validate fill ratios.
Boston Technologies Powered by Forexware, Boston Prime Ltd. and BT Prime Ltd. maintain stable operations and all client services teams around the globe are fully prepared to provide assistance to clients and partners as usual. Our accounting services remain unaffected and all fund transfers are being processed routinely and clients' funds are safe.
"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 worldwide sales at Boston Technologies Powered by Forexware. "While the devastating event has forced many brokers out of business, we are open for business and assisting professional investors and brokerage companies looking to trade or hedge their market exposure with a reliable counterparty at 100:1 leverage and extremely competitive trading conditions. We also expect an entirely new class of brokers to emerge post 'black Thursday' and are here to assist them with our turnkey brokerage solution that features a wide array of tools, including a superior risk management suite."
Customers and brokers looking for assistance in setting up operations are urged to call: +1 617 314 6800.
About Boston Technologies Powered by Forexware
Boston Technologies Powered by Forexware, headquartered in Boston, MA, is a world-leading innovator and provider of trading technology and software for institutional and retail brokerage firms trading in foreign exchange and other over-the-counter instruments. Boston Technologies is headquartered in Boston with additional offices in New York, London, Tokyo and Shanghai. We invite you to learn more about Boston Technologies at www.bostontechnologies.com.
About Boston Prime Ltd.
Boston Prime is a UK FCA authorized prime broker (license #539846) and non-bank liquidity provider, providing world-class institutional liquidity suitable for the hedging and proprietary trading strategies of brokerage houses and other market participants. We provide liquidity in Spot FX, Precious Metals and CFDs. Boston Prime Ltd. features custom-tailored liquidity from top-tier FX banks, 99.9% execution ration, razor tight spreads, global infrastructure and dedicated support in multiple languages.
About BT Prime Ltd.
BT Prime is Bermuda based prime broker and institutional liquidity provider. Brokerages can benefit from BT Prime's all-inclusive offering including customizable liquidity streams and real time aggregation from the world's top-tier liquidity providers. Over 40 currency pairs available for trading along with spot metals.
You can learn more about BT prime at www.bttprime.com
Logo - http://photos.prnewswire.com/prnh/20150116/169711LOGO
SOURCE Forexware
Related Links
http://www.bostontechnologies.com
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article