5th Sep 2014 09:21
LONDON (Alliance News) - Boxhill Technologies PLC said Friday that its subsidiary SVS Securities PLC has completed the integration of Pay Corp's payment software platform into its foreign exchange trading platform business SVSFX.
The payment platform allows safe and secure transactions for SVS's customers, Boxhill said.
"Our first integration into the consumer end of this huge market opens up a new segment of customers for us in line with our plans to diversify our payments business customer base and we expect to add further FX trading companies who utilize MetaTrader 4, Tradable or any other FX trading platform in the coming months," said Chief Executive Phil Jackson in a statement.
Shares in Boxhill were trading down 8.9% at 0.119 pence Friday morning, after shares that were issued after a loan it had was converted into shares started trading. A total of 28.8 million new shares were issued.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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