FDCTech Inc (FDCT)

[StockRoomBully]

$fdct on high alert

"With the FX trading platform, FDCTech is tackling industry leaders like MetaTrader."

Fdc terminate the aquisition immediate it was not mutual


This was all on Genesis.. If this is the same Genesis then.. If they cant comply how is this loi going to get done?

See below

Genesis could not comply with several non-exhaustive material provisions, covenants, or conditions. Among other items, it included releasing liens, defaults settlement, payoff letters, discharges of liens, releases of guarantees, and other disclosures required by the Agreement. "
"

FDCT), a fully integrated financial technology company with a full suite of digital financial services solutions, today announced that it had terminated effective immediately the Stock Purchase Agreement (the "Agreement"), dated June 2, 2021, with the Shareholders of Genesis Financial, Inc., a Wyoming corporation ("Genesis" or "Seller").

The Company could not complete nor qualify the Agreement as Genesis could not comply with several non-exhaustive material provisions, covenants, or conditions. Among other items, it included releasing liens, defaults settlement, payoff letters, discharges of liens, releases of guarantees, and other disclosures required by the Agreement.

ALSO FDCT GOT OTHER AQUISITION TARGETS AND MORE CATALYST. COMPANY CURRENTLY HAS 6 LICENSE AGREEMENT AND CURRENTLY NEGOTIATING 7 RETAIL BROKERS LICENSE. See 10Q

Fdct is partnered with PRIMEXM which reported over 1 trillion trading volume

See fdc partners.

Fdct partnerships:
N up-coming releases

PrimeXM just posted 1 trillion trading volume
OneZero
Celera
GCEX
PayPal
Binance just announced recent partnership
SkaleCRM
Kammas

Additional catalyst releases

" We expect the Condor Stocks and ETFs App with a full release at the end of the fourth quarter of fiscal 2021. "

"FDCTech to Launch Simplified and Gamified Condor Stocks & ETFs App for Stocks, ETFs, and other high-growth financial securities"

FDCT GETTING COMPENSATED IN BITCOINS

"In some cases, customers compensate us in Bitcoin through our custodian Gemini Trust Company, LLC (“Gemini”). Gemini is a licensed New York trust company that undergoes regular bank exams and is subject to the cybersecurity audits conducted by the New York Department of Financial Services."

UP-COMING CATALYST MORE LICENSE AGREEMENTS

"We have tailored the Condor Pro Multi-Asset Trading Platform to different markets, such as forex, stocks, commodities, cryptocurrencies, and other financial products.

The Company currently has six (6) licensing agreements for its Condor Pro Multi-Asset Trading Platform.

The Company is continuously negotiating additional licensing agreements with several retail forex brokers to use the Condor Pro Multi-Asset Trading Platform. The Company has developed two versions of each Condor forex Pro Web and Mobile Trading Platform.

"

SEE PAYPAL & @PRIMEXM PARTNERSHIP

The new integration came after PayPal officially made its move into the cryptocurrency market back in October. Even before that, there were a few pieces of evidence to suggest that the payment giant is showing interest in getting involved in cryptocurrency.

Additionally, PayPal’s involvement in the space was reflected in rumors to acquire crypto custodian, BitGo, as well as the firm’s investment in compliance and risk management platform, TRM Labs. Moreover, PayPal filed many related patents including one to speed up bitcoin transaction processing times through a faster cryptocurrency payment system.

“PayPal’s announcement in October 2020 to allow customers by early 2021 to buy, sell and hold bitcoin and other virtual coins using the digital payments company’s online wallets may enable cryptocurrency as a funding source for funding FX/Crypto trading accounts worldwide. The trend appears positive for FX/Crypto brokers as cryptocurrencies tend to be volatile, making them attractive to speculators and margin traders,” FDCTech said in a statement.

Condor FX is fully integrated into a native back office, reporting, and managing technology, as well as desktop GUI, webtrader and mobile terminals.

FDCTech, formerly known as Forex Development Corporation, has an API integration with one of the leading bridge and institutional liquidity providers, PrimeXM. Before that, the New York-based company has been recognized across the industry as a provider of technology packages that equip companies to operate as prime brokers.

NOTICE @PRIMEXM TRADING OVER 1 TRILLION VOLUME FOR 5 STRAIGHT MONTHS

"PrimeXM, an FX trading industry technology provider, published its trading volumes report for October 2021, noting another milestone hit for the period on monthly trading volume.

According to the metrics across its four major data center locations, the company surpassed the $1 trillion threshold in monthly volume for the fifth consecutive month, reaching over $1.10 trillion, which is a 23% yearly increase compared to last year’s figure of $894.36 billion."
https://t.co/puhfcMhvGh.

"More specifically, this collaboration enables Condor FX Pro users to benefit from a reduced latency and improved pricing when they opt to take IS Prime’s liquidity."
https://t.co/6zyhSPUM2A.

META4 META5 being used by many institutions and most importantly PrimXM who is also a partner of Equinix a multi billion fintech company

Below qoute showed agreements signed before "roll-out"<<<<<<<< BIG NEWSSSSSSSSSS

The FDC CEO said last year he expects the latest edition of the platform, Condor FX Pro 5.0, to be an alternative to Metatrader, adding that they had already signed licensing agreements with many financial institutions even before its roll-out."

"Not forgetting our FX roots, we continue to announce partnerships and work with Devexperts, FDCTech, Muinmos, PrimeXM, OneZero, Your Bourse, Gold-i, Celer Tech, Reactive Markets, ACT Forex and many more."

"Commenting on the news, Barry Flanigan, Head of Distribution and Liquidity at IS Prime said: “A number of our clients use FDC as a front-to-back solution, and it is important for us to connect with the platforms our clients choose to use. Condor FX Pro Trading Platform is a relatively new platform which is rapidly gaining traction globally, and this partnership will extend our client reach, giving FDC clients the opportunity to have easy access to our highly competitive multi-asset liquidity.”

FCA-regulated prime brokerage and execution venue, IS Prime has partnered with FDC to extend its multi-asset liquidity distribution using FDC’s Condor FX Pro trading platform.

The combined effort will leverage FDC’s infrastructure and IS Prime’s price aggregation and matching capabilities to expand the companies’ institutional client base while continuing to service the retail brokerage, mid-sized institutions and active professional traders. More specifically, this collaboration enables Condor FX Pro users to benefit from a reduced latency and improved pricing when they opt to take IS Prime’s liquidity.

Enjoy all!! A-TEAM

@primexm partner 🤝 $Fdct Condor #fx Pro ENORMOUS 🔥🔥

"PrimeXM posts $1.10 trillion in total trading volumes in October"
"The company surpasses the $1 trillion mark for a fifth consecutive month."@WSJ @Nasdaq $icoa $coin $hmbl $PYPL @WSJbusiness $lclphttps://t.co/4zWfjv1Qbx https://t.co/oXmAa9g8vs pic.twitter.com/N0ymak63QB

— !ncogn!to (@StockRoomBully) November 19, 2021