Edgewater Markets raises $30m for expansion drive

As part of the deal, the firm's board will gain two new participants from FTV Capital

Show of hands: more institutional clients are seeking new ways of accessing liquidity

Electronic foreign exchange aggregation provider Edgewater Markets has $30 million to improve its technology platforms, develop its sales team and expand its global presence in an effort to continue providing customers with competitive market access.

The company's decision to raise funds to boost its growth comes as institutional clients increasingly seek alternative ways to access liquidity pools, shunning bank-owned and broker-operated electronic-trading platforms in the highly commoditised

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