The weeklyFiX digest: TraderTools secures additional funding
TraderTools has secured an additional $7.5 million of funding. Edison Venture Fund put in $7 million, with the remainder raised from the company’s management. Edison is a specialist at providing capital to companies in their expansion stage; it has experience of FX through an investment in online FX specialist Gain Capital. TraderTools says the funding will be used to expand sales, marketing and development of its Liquidity Management Platform.