Currency Mountain Holdings, LLC, the holding company behind FXDD, has acquired TraderMade Systems Ltd., a supplier of technical analysis solutions for the FX industry, according to a Currency Mountain Holdings statement.
The new accord will help Currency Mountain Holdings’ subsidiaries and their clients utilize the group’s existing product suite, with added access to key data requisite to supporting regulatory compliance demands, relegated to the FX industry.
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According to Emil Assentato, Chairman and Chief Executive Officer at Currency Mountain Holdings in a recent statement on the acquisition, “this acquisition enhances our portfolio of leading brands in the FX industry. 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 is a perfect fit for TraderMade’s suite of products and services. Both new and existing TraderMade customers will benefit greatly from this relationship and the enhanced solutions it is sure to advance,” added David Upton, Chief Executive Officer at TraderMade Systems Ltd. in an accompanying statement.
Back in September, Currency Mountain Holdings partitioned its management of its site to the analyst and content team responsible for the content side of ForexLive.