New York, NY, March 20, 2018 (GLOBE NEWSWIRE) -- Forex Development Corporation, at times, referred to as “FDC or the “Company,” announced today that it had recently changed its corporate name to FDCTech, Inc. The name change reflects the company's commitment to driving the innovations in blockchain and cryptocurrency technology solutions.
"Our new name – FDCTech – allows us to highlight our wide-ranging business goals to expand our suite of services in the cryptocurrency for FX brokers and other market participants looking to capitalize on the adoption and acceptance of digital currency," said Mitchell M. Eaglstein, CEO of FDCTech. Eaglstein further added, "We have deep expertise in developing complex trading platforms, back offices, risk management systems, and other fintech solutions in the largest financial market. We are committed to the development of advanced technology, software and business solutions that help our customers increase their trading revenue, reduce operation costs, and improve the overall trading experience."
The new name is effective immediately and will be implemented across the company's product and services throughout the calendar year 2018.
About FDC
Based in New York, FDCTech, Inc. is a leading technology provider of foreign exchange prime brokerage (FXPB) and cryptocurrency solutions, supported by a development team with over three decades of FX experience.
FDC’s customizable B2B offerings allow brokers of all sizes to license its technology to develop prime brokerage offerings that offer seamless MetaTrader 4 integration, advanced profitability analytics in real-time, flexible introducing broker (IB) rebate structures, and allotment of custom development hours to provide unparalleled customer service and individualized platform solutions. More information can be found at www.forexdevelopment.com or www.fdctech.com.