FXDD parent Currency Mountain acquires market data analytics company TraderMade
Currency Mountain Holdings, LLC, a leading holding company with controlling interest in a number of leading brands within the foreign exchange (FX) industry, today announced that it has acquired TraderMade Systems Ltd., the premier supplier of technical analysis solutions.
TraderMade provides real-time market data and proprietary analytics software to some of the world’s central banks, leading corporations, financial institutions and individual traders. The company has more than 30 years of experience in the FX space, and delivers a wide range of products and services, including cutting-edge charting and signals and an unmatched customer service operation. TraderMade also offers an advanced benchmarking product that provides minute-by-minute benchmarking data.
As a result of this partnership, Currency Mountain Holdings’ subsidiaries and their customers will enjoy powerful, new capabilities, which complement Currency Mountain Holdings’ existing portfolio of products and services. In addition, customers will gain access to key data necessary to support regulatory compliance demands in the ever-changing FX landscape.
“Currency Mountain Holdings is a perfect fit for TraderMade’s suite of products and services,” said David Upton, Chief Executive Officer at TraderMade Systems Ltd. “Both new and existing TraderMade customers will benefit greatly from this relationship and the enhanced solutions it is sure to advance.”
“This acquisition enhances our portfolio of leading brands in the FX industry,” said Emil Assentato, Chairman and Chief Executive Officer at Currency Mountain Holdings. “We are thrilled to add TraderMade’s data and expertise and look forward to the future innovation the alignment of our companies will bring.”
Currency Mountain Holdings, LLC is a New York-based holding company with controlling interest in a number of leading brands within the foreign exchange (FX) trading industry. Subsidiaries include: FXDD Global, a leading international provider of spot FX, FX options, metals, oil and CFD trading to retail and institutional clients; Forexware, a pioneer and chief innovator of FX trading technology and liquidity to banks, institutions, and entrepreneurs; FXDD Bullion, a precious metal dealer that delivers or stores gold, silver, platinum, and palladium products; Avatar Capital Group, LCC, a registered broker-dealer and member of the Chicago Board of Options Stock Exchange (CBSX), and; Forexlive, a premier Forex trading news site offering real-time commentary around global economic events.
About TraderMade Systems Ltd.
TraderMade Systems Ltd. provides real-time market data and proprietary analytics software to some of the world’s central banks, leading corporations, financial institutions and individual traders. Founded in 1984, TraderMade has a track record of more than 30 years of developing and supporting technical analysis solutions for the foreign exchange industry and prides itself on its strong reputation for excellence in customer service. TraderMade’s global headquarters and state-of-the-art development center are located in the UK, with regional offices in England, Italy and the U.S.