FX Bridge gets a Total injection
Atlanta-based FX Bridge has secured a $2 million investment from Total Technology Ventures, a major investor in financial services software and technology. The company says that the proceeds will be used to accelerate product development and the expansion of its operations. Its main product, ProTrader Plus, is a trading and risk management product offering contracts for difference, spot and options. The company says it is pulling in options liquidity from major market makers.
“FX Bridge is the only technology vendor that enables broker dealers to connect to the largest banks in the world to access competitive options pricing and liquidity,” claims Steve Reich, the company’s chief executive, although I’m sure Saxo might dispute this. “We believe this liquidity, combined with our strategy and analytics tools, will enable retail investors to trade FX options in a professional environment.”