With the merger, the brokerage firm will grab a piece ofInternet real estate, establishing FX Securities Online toFundsXpress' 500-customer base. FundsXpress is an e-commercebanking company.
FX Securities, which launches later this month, will provide aplatform for company research, real-time stock quotes, charting,trading and portfolio management. FundsXpress has closed more than$40 million new investments this year and is aggressively bent onacquisitions. In late 1999, the company secured Integrated BusinessSystems, a mortgage lender based in Memphis; July brought thebuyout of Good2CU.com, a TX operation with advanced portaltechnology.
FundsXpress is building a "first-generation total end-to-endsolution" for its customers, which is anticipated to be up andrunning by year's end.
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