FXMarketSpace abandoned
In a joint statement made last Friday (October 10), the two companies said all trading on the platform will be suspended at the close of business on October 17. The decision to abandon the initiative was made at an FXMS board meeting last week.
"Our initial joint venture agreement provided for financing up until the company became profitable during 2008. We took a view that the liquidity levels by the third quarter did not indicate this goal would be met. [Given] our responsibilities to our
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