Cognotec to expand with extra funding
TECHNOLOGY NEWS
DUBLIN -- Against a backdrop of declining investment in e-trading initiatives, FX technology firm Cognotec last week announced it has secured $14.5 million in additional funding.
The Dublin-based firm will use the money to fund its continued expansion, particularly in emerging markets, which Cognotec chairman Brian Maccaba identified as the fastest-growing sector of the global FX market.
"No-one’s trading much euro/dollar any more," Maccaba told FX Week. "The area where the market has need for
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