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Midpoint Holdings chief says FX platform gaining traction

John Booth, chief executive of Midpoint Holdings (CVE.MPT), says the company’s foreign exchange transfer technology is beginning to gain “significant traction”. The firm offers an alternative way of making...
John Booth, chief executive of Midpoint Holdings (CVE.MPT), says the company’s foreign exchange transfer technology is beginning to gain “significant traction”. The firm offers an alternative way of making currency trades and cross-border payments by operating a peer-to-peer (P2P) currency exchange that cuts out the banks’ or brokers’ fees. “We’re simply networking the buyers and sellers,” explains Booth. “We’ve been gaining clients quarter on quarter and the traction is increasing.”
 
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