Tag Archives: Cognotec
Amid NFA’s grave complaint against Gain Capital, Interbank FX CEO Todd Crossland issued a statement, which may or may not be related to this issue. And this is another fine example of what a cut throat business this is. Integral …
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It seems that the institutional FX market is as competitive now as ever. Integral, Currenex and Cognotec (First Derivatives), FXAll, Hotspot (and EBS and Reuters to some extent, although these are becoming somewhat obsolete) are competing to provide the best …
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First Derivatives is certainly not wasting any time. After acquiring Cognotec’s technology a day after it went into a receivership two months later it announced that a first client to use Cognotec’s technology was signed. AFT, a Japanese, broker will use its …
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In what was probably a done deal much before the news about Cognotec going into a receivership were even announced First Derivatives has completed the acquisition of the troubled company. Ireland based First Derivatives has paid just $4.7 million for Cognotec , …
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