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Kooltra, a provider of cloud-based middle- and back-office foreign exchange technology, is expanding its plug-and-play solution to help retail brokers fast-track their entry into the institutional space.

Adam Katz, chief executive officer and founder of Kooltra, tells FX Week the firm has been approached by retail brokers that are looking to make the crossover, and require technology to help them test a new product line quickly and effectively.

Katz says that with margins shrinking, brokers

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