Cambridge speaks to Bloomberg
Posted on
April 22,2013
Cambridge Mercantile Group's Senior Market Strategist Mark Frey spoke to Bloomberg for an April 20thth article. Mark spoke to the support the Japanese yen lends the Canadian currency in times of market turmoil when investors are seeking safer assets.
Click here to view a PDF of the article: Canadian currency falls as commodities tumble.
Cambridge Mercantile Group's Senior Market Strategist Mark Frey spoke to Bloomberg for an April 20thth article. Mark spoke to the support the Japanese yen lends the Canadian currency in times of market turmoil when investors are seeking safer assets.
Click here to view a PDF of the article: Canadian currency falls as commodities tumble.
Read More
|
Cambridge featured on BNN
Posted on
April 16,2013
An April 16th on-air interview on BNN Headlines featured Mark Frey, Cambridge Mercantile Group's Senior Market Strategist. Mark spoke to the recent fluctuations in commodities prices – specifically gold and oil, and how markets are affected.
Click here to watch the video clip: BNN Headlines.
An April 16th on-air interview on BNN Headlines featured Mark Frey, Cambridge Mercantile Group's Senior Market Strategist. Mark spoke to the recent fluctuations in commodities prices – specifically gold and oil, and how markets are affected.
Click here to watch the video clip: BNN Headlines.
Read More
|
Cambridge speaks to Reuters
Posted on
April 05,2013
Mark Frey, Cambridge Mercantile Group's Chief Market Strategist, weighed in on the status of the Canadian dollar after the release of jobs data from the US and Canada. In an article published in Reuters on April 5, Mark offers a pessimistic view of the currency's short term outlook.
Click here to view a PDF of the article: Canadian dollar tumbles.
Mark Frey, Cambridge Mercantile Group's Chief Market Strategist, weighed in on the status of the Canadian dollar after the release of jobs data from the US and Canada. In an article published in Reuters on April 5, Mark offers a pessimistic view of the currency's short term outlook.
Click here to view a PDF of the article: Canadian dollar tumbles.
Read More
|
Cambridge CEO featured in CA Magazine
Posted on
April 01,2013
Recently Bernard Heitner, Founding Partner and CEO of Cambridge Mercantile Group, had a profile and short article done for CA Magazine. As a Certified Accountant, Bernard spoke to the importance of Cambridge's internal controls in expanding the business and providing superior products and services.
Click to view a PDF of the article: ernard Heitner; A going concern.
Recently Bernard Heitner, Founding Partner and CEO of Cambridge Mercantile Group, had a profile and short article done for CA Magazine. As a Certified Accountant, Bernard spoke to the importance of Cambridge's internal controls in expanding the business and providing superior products and services.
Click to view a PDF of the article: ernard Heitner; A going concern.
Read More
|
Cambridge featured in Reuters
Posted on
March 31,2013
Cambridge Mercantile Group spoke to Reuters for a March 31 article that appeared in the Business Recorder, addressing the direction of the Canadian currency after recent batches of data from the US and also from its commodity-linked peers.
Click here to view a PDF of the article: Canadian dollar holds steady after mixed data.
Cambridge Mercantile Group spoke to Reuters for a March 31 article that appeared in the Business Recorder, addressing the direction of the Canadian currency after recent batches of data from the US and also from its commodity-linked peers.
Click here to view a PDF of the article: Canadian dollar holds steady after mixed data.
Read More
|
Cambridge article featured in business journal
Posted on
March 28,2013
For a March 28 article, Cambridge Mercantile's UK Director of Sales and Trading, Jason Conibear, contributed an article to Fresh Business Thinking, a website specializing in economic news and data. Jason spoke to the direction of the euro after the most recent batch of unemployment data from the eurozone.
Click here to view a PDF of the article: Euro falls after surprise jump in German unemployment.
For a March 28 article, Cambridge Mercantile's UK Director of Sales and Trading, Jason Conibear, contributed an article to Fresh Business Thinking, a website specializing in economic news and data. Jason spoke to the direction of the euro after the most recent batch of unemployment data from the eurozone.
Click here to view a PDF of the article: Euro falls after surprise jump in German unemployment.
Read More
|
Cambridge picked up in Reuters
Posted on
March 25,2013
Cambridge Mercantile Group's Chief Market Strategist, Mark Frey, spoke to Reuters for a March 21 article. Mark spoke to the direction of the Canadian currency after the lastest budget figures released from the nation's finance minister.
Click here to view a PDF of the article: Canadian dollar gains as Flaherty budget ends deficit.
Cambridge Mercantile Group's Chief Market Strategist, Mark Frey, spoke to Reuters for a March 21 article. Mark spoke to the direction of the Canadian currency after the lastest budget figures released from the nation's finance minister.
Click here to view a PDF of the article: Canadian dollar gains as Flaherty budget ends deficit.
Read More
|
Cambridge quoted in Reuters
Posted on
March 11,2013
On March 8, Cambridge Mercantile's Mark Frey spoke to Retuers about the release of the most recent Canadian and American jobs data - which turned out mostly positive. Mark, Cambridge's Chief Market Strategist, offered a positive outlook for the Loonie after the release of the data.
Click here to view a PDF of the article: Canadian dollar jumps on strong jobs data.
On March 8, Cambridge Mercantile's Mark Frey spoke to Retuers about the release of the most recent Canadian and American jobs data - which turned out mostly positive. Mark, Cambridge's Chief Market Strategist, offered a positive outlook for the Loonie after the release of the data.
Click here to view a PDF of the article: Canadian dollar jumps on strong jobs data.
Read More
|
Cambridge speaks to the Globe
Posted on
March 05,2013
Cambridge Mercantile Group's Senior Foreign Exchange Trader and Market Analyst Matthew Lifson spoke to the Globe and Mail for a March 5 article. Matthew spoke to the spike in the Dow Jones Index and the resulting effect on the US dollar.
Click here to view a PDF of the article: Dow sets record highs as rally continues.
Cambridge Mercantile Group's Senior Foreign Exchange Trader and Market Analyst Matthew Lifson spoke to the Globe and Mail for a March 5 article. Matthew spoke to the spike in the Dow Jones Index and the resulting effect on the US dollar.
Click here to view a PDF of the article: Dow sets record highs as rally continues.
Read More
|
Cambridge featured in Reuters
Posted on
February 21,2013
Reuters recently solicited Cambridge for advice on the euro's movements against its peers after recent data released from the eurozone and the US. For the February 21 article, Cambridge's Matthew Lifson, Foreign Exchange Trader and US Market Analyst, offered his thoughts after the release of recent PMI data and the Italian elections.
Click here to view a PDF of the article: World shares tumble after weak eurozone, US data.
Reuters recently solicited Cambridge for advice on the euro's movements against its peers after recent data released from the eurozone and the US. For the February 21 article, Cambridge's Matthew Lifson, Foreign Exchange Trader and US Market Analyst, offered his thoughts after the release of recent PMI data and the Italian elections.
Click here to view a PDF of the article: World shares tumble after weak eurozone, US data.
Read More
|
The Guardian picks up Cambridge advice
Posted on
February 13,2013
On February 13, Cambridge Mercantile's Jason Conibear spoke to the Guardian newspaper for a print and online article on the U.K.'s inflation rate. Jason, Cambridge's Director od Sales amd Trading, offered a pessimistic view of the movements in the pound after the data was released.
On February 13, Cambridge Mercantile's Jason Conibear spoke to the Guardian newspaper for a print and online article on the U.K.'s inflation rate. Jason, Cambridge's Director od Sales amd Trading, offered a pessimistic view of the movements in the pound after the data was released.
Read More
|
Cambridge UK shows remarkable growth and turnaround in 2011-2012
Posted on
January 28,2013
London, England, January 17th, 2013 – Foreign exchange (FX) and payments services provider Cambridge Mercantile Exchange UK is pleased to announce that it outperformed 144 other FX companies and posted profits that led the UK in 2011-2012.
London, England, January 17th, 2013 – Foreign exchange (FX) and payments services provider Cambridge Mercantile Exchange UK is pleased to announce that it outperformed 144 other FX companies and posted profits that led the UK in 2011-2012.
Cambridge, which opened in London in 2005, was designated by Plimsoll Talat, which tracks FX companies, as the fastest growing FX company in the U.K. with a pre-tax profit increase of 1,580 percent. Much of this increase was created by its vaulting to its first positive return during the year. Cambridge expects to show a profit increase of 70 percent in 2012-2013.
For the first time, Cambridge registered more than pounds 1,084,879,000 of FX Turnover for the year ending February 29th, 2012, resulting in its listing as one of the top 50 companies in the UK in “sales return on assets” and among the top 50 “cash-rich” companies.
Mr. David Clark, Managing Director, Europe, who took over the company in 2011, credited much of the turnaround to execution of key sales and marketing initiatives. This included a market shift to mid-to-large corporate clients, a greater focus on selling its online solution, a larger sales force, and in particular, a change in its positioning from “price-based” to “valued-based” selling proposition.
“Moving forward, I see a handful of serious competitors growing by 10 to 15 percent in the coming year,” he said. “Smaller companies are flat or in reverse. I see our performance as even more remarkable, considering the state of the European economy.”
About Cambridge Mercantile Group
Since its inception in 1992, Cambridge Mercantile has been earning the trust and respect of leading companies around the world by providing efficient and customizable global payment services that are second to none. Recently, Cambridge's traditional business model has been complimented with an extensive suite of hedging and risk management products, powered by payments technologies widely regarded as industry leading. With offices strategically located across the globe, Cambridge facilitates the secure and prompt movement of over $20 billion dollars annually for thousands of clients of all sizes and niches. For more information, visit www.cambridgefx.com.
Read More
|
Cambridge advice featured in Reuters
Posted on
January 21,2013
Reuters recently published an online article, written with comments from Cambridge's Chief Market Strategist, Mark Frey. For the January 21 article, Cambridge offered feedback and advice as to the short-term movements in the Canadian dollar based on the latest announcements from the Bank of Japan.
Click here to view a PDF of the article: C$ slips as market correlations fade.
Reuters recently published an online article, written with comments from Cambridge's Chief Market Strategist, Mark Frey. For the January 21 article, Cambridge offered feedback and advice as to the short-term movements in the Canadian dollar based on the latest announcements from the Bank of Japan.
Click here to view a PDF of the article: C$ slips as market correlations fade.
Read More
|
Financial post picks up Cambridge advice
Posted on
January 09,2013
For a January 3 article, Cambridge Mercantile's Director of Trading in the UK, Jason Conibear, spoke to the Financial Post. Jason offered his reactions to the lastest update from the Federal Reserve, and the possibility of additional monetary stimulus.
Click here to view a PDF of the article: Fed officials' worries grow over stimulus.
For a January 3 article, Cambridge Mercantile's Director of Trading in the UK, Jason Conibear, spoke to the Financial Post. Jason offered his reactions to the lastest update from the Federal Reserve, and the possibility of additional monetary stimulus.
Click here to view a PDF of the article: Fed officials' worries grow over stimulus.
Read More
|
CNN surveys Cambridge
Posted on
January 07,2013
Mark Frey of Cambridge Mercantile Group is featured in a CNN Money survey for 2013 year-end targets. Mark gives his insight on markets such as oil and gold, and gives his opinion on their direction for the end of 2013.
Click here to view a PDF of the article: Where the markets are headed in 2013.
Mark Frey of Cambridge Mercantile Group is featured in a CNN Money survey for 2013 year-end targets. Mark gives his insight on markets such as oil and gold, and gives his opinion on their direction for the end of 2013.
Click here to view a PDF of the article: Where the markets are headed in 2013.
Read More
|
Cambridge featured on BNN
Posted on
January 04,2013
A January 4th on-air interview on BNN Headlines featured Mark Frey, Cambridge Mercantile Group's Senior Market Strategist. Mark spoke to the outlook on the Canadian dollar after the most recent batch of economic data was released.
Click here to watch the video clip: BNN Headlines.
A January 4th on-air interview on BNN Headlines featured Mark Frey, Cambridge Mercantile Group's Senior Market Strategist. Mark spoke to the outlook on the Canadian dollar after the most recent batch of economic data was released.
Click here to watch the video clip: BNN Headlines.
Read More
|
Cambridge featured in AFP Newsletter
Posted on
December 27,2012
Cambridge Mercantile is scheduled to be featured in the January 2013 issue of AFP's monthly newsletter. The article, written by Anil Sawrup, Cambridge's VP Payment Solutions, discusses the barriers and benefits to adopting a paperless payment workflow. Anil advocates the introduction of electronic payments for companies, and presents solutions to the three main difficulties financial executives can encounter in the process.
Click here to view a PDF of the article: Electronic Payment Trends; Looking Ahead to 2013.
Cambridge Mercantile is scheduled to be featured in the January 2013 issue of AFP's monthly newsletter. The article, written by Anil Sawrup, Cambridge's VP Payment Solutions, discusses the barriers and benefits to adopting a paperless payment workflow. Anil advocates the introduction of electronic payments for companies, and presents solutions to the three main difficulties financial executives can encounter in the process.
Click here to view a PDF of the article: Electronic Payment Trends; Looking Ahead to 2013.
Read More
|
Cambridge Mercantile Group announces acquisition of Global Exchange Group
Posted on
December 18,2012
A division of Fulton Bank, N.A., Global Exchange Group, brings added global payments solutions to Cambridge
TORONTO, CANADA (December 18, 2012) - Cambridge Mercantile Group, a leader in global payments and foreign exchange, is pleased to announce the company’s first major acquisition with Global Exchange Group (GEG), a division of Fulton Bank, N.A.
A division of Fulton Bank, N.A., Global Exchange Group, brings added global payments solutions to Cambridge
TORONTO, CANADA (December 18, 2012) – Cambridge Mercantile Group, a leader in global payments and foreign exchange, is pleased to announce the company’s first major acquisition with Global Exchange Group (GEG), a division of Fulton Bank, N.A.
“We are very pleased to announce our new alliance with Global Exchange Group. The new partnership will allow our companies to expand our foreign exchange and international payments services into new global markets and offer best in class solutions to existing and new customers,” said Bernard Heitner, co-founder and chief executive officer, Cambridge Mercantile Group. “We are particularly excited about GEG’s established market presence in the legal community, where they have provided their payment services to the Intellectual Property division of major legal firms. On behalf of the entire Cambridge global team, this is a significant milestone in our company’s history, and we look forward to delivering both companies’ long tradition of superior customer service.”
The companies will work together in the coming months to merge the businesses, and Global Exchange will continue to work from its Merchantville, New Jersey location. All services and contact information will remain the same. The deal is scheduled to close on December 31st, 2012.
“Cambridge Mercantile is known for its incredible legacy of more than 20 years of foreign exchange industry experience, a commitment to high quality standards and exceptional service,” said Anthony Loiacono, president of sales and marketing, Global Exchange Group. “We are delighted to partner with a company who possesses the same vision and depth of service as ours. I look forward to harnessing our combined 40 plus years of experience, reputations and industry commitment to continue to grow the Global Exchange business and deliver outstanding customer service.”
GEG brings to Cambridge its excellent client retention and deep-rooted market expertise in the legal vertical. They fully integrate into a legal firm’s back office, managing their IP invoicing and payments – a key function in the client’s environment to establish long lasting relationships.
About Cambridge Mercantile Group
Since its inception in 1992, Cambridge Mercantile has been earning the trust and respect of leading companies around the world by providing efficient and customizable global payment services that are second to none. Recently, Cambridge’s traditional business model has been complimented with an extensive suite of hedging and risk management products, powered by payments technologies widely regarded as industry leading. With offices strategically located across the globe, Cambridge facilitates the secure and prompt movement of over $20 billion dollars annually for thousands of clients of all sizes and niches. For more information, visit www.cambridgefx.com.
About Global Exchange Group
Founded in 1994, Global Exchange is a leader in international payment solutions. Global Exchange understands that today’s global payment process is increasingly cumbersome, costly and time consuming. As a result, Global Exchange’s interchangeable solutions improve the time and cost to transfer funds internationally. Global Exchange possesses the ability to offer any size organization an invaluable alternative to their traditional bank or third-party relationship. For more information about Global Exchange, visit:http://www.gexchange.com.
Read More
|
Cambridge featured on BNN special
Posted on
December 13,2012
Cambridge Mercantile Group’s Chief Market Strategist, Mark Frey, spoke in an on-air interview with Business News Network (BNN) this week for a special program designed to review the year in currencies, and provide a forward-looking analysis of the majors. Mark was, of course, solicited for feedback with respect to the current eurozone crisis and fiscal cliff in the U.S. He also provided feedback on why the New Zealand dollar turned out to be the highest yielding unit of the year, and the impact on the
Canadian dollar should the Loonie be added to the list of global reserves by the International Monetary Fund. Mark also put forth his perspective on the likelihoods of the best and worst performers of 2013.
Click on the following links to watch the first, second and third parts of the interview.
Cambridge Mercantile Group’s Chief Market Strategist, Mark Frey, spoke in an on-air interview with Business News Network (BNN) this week for a special program designed to review the year in currencies, and provide a forward-looking analysis of the majors. Mark was, of course, solicited for feedback with respect to the current eurozone crisis and fiscal cliff in the U.S. He also provided feedback on why the New Zealand dollar turned out to be the highest yielding unit of the year, and the impact on the
Canadian dollar should the Loonie be added to the list of global reserves by the International Monetary Fund. Mark also put forth his perspective on the likelihoods of the best and worst performers of 2013.
Click on the following links to watch the first, second and third parts of the interview.
Read More
|
Cambridge picked up in Reuters
Posted on
December 12,2012
Reuters recently solicited Cambridge for advice on the euro's movements against its peers after recent data released from the eurozone. For the December 10 article Cambridge's Matthew Lifson, Foreign Exchange Trader and US Market Analyst, offered his thoughts on Italy's political uncertainty as well.
Click here to view a PDF of the article: Italian uncertainty hits euro vs yen.
Reuters recently solicited Cambridge for advice on the euro's movements against its peers after recent data released from the eurozone. For the December 10 article Cambridge's Matthew Lifson, Foreign Exchange Trader and US Market Analyst, offered his thoughts on Italy's political uncertainty as well.
Click here to view a PDF of the article: Italian uncertainty hits euro vs yen.
Read More
|
Cambridge quoted on Bloomberg
Posted on
December 10,2012
For a December 6 article published on Bloomberg, Cambridge spoke to the economic growth in the eurozone, and the movements in the euro after the release of that data. Matthew Lifson, Senior Foreign Exchange Trader and US Market Analyst, offered a tense view of the projections as put forth by the ECB this week.
Click here to view a PDF of the article: Euro weakens as ECB reduces economic forecasts.
For a December 6 article published on Bloomberg, Cambridge spoke to the economic growth in the eurozone, and the movements in the euro after the release of that data. Matthew Lifson, Senior Foreign Exchange Trader and US Market Analyst, offered a tense view of the projections as put forth by the ECB this week.
Click here to view a PDF of the article: Euro weakens as ECB reduces economic forecasts.
Read More
|
Cambridge hedging article featured in The Global Association of Risk Professionals
Posted on
December 10,2012
Cambridge Mercantile was recently featured in the December 2012 issue of GARP (Global Association of Risk Professionals)'s monthly magazine and online publication. The article, written by Mark Frey, Chief Market Strategist, addresses the hedging strategy that, over the past year, he has found to be most widely used and effective. Mark profiles three different "types" of hedgers, and the benefits and drawbacks to each type.
Click here to view a PDF of the article: Leading Hedging Strategies.
Cambridge Mercantile was recently featured in the December 2012 issue of GARP (Global Association of Risk Professionals)'s monthly magazine and online publication. The article, written by Mark Frey, Chief Market Strategist, addresses the hedging strategy that, over the past year, he has found to be most widely used and effective. Mark profiles three different "types" of hedgers, and the benefits and drawbacks to each type.
Click here to view a PDF of the article: Leading Hedging Strategies.
Read More
|
Cambridge Mercantile Group Launches New Finance Blog for Fast, Easy Access to Financial Intelligence
Posted on
December 03,2012
Blog to feature up to date, relevant market updates on FX, Global Currencies, and Risk Management
TORONTO, ONTARIO - (Dec. 3, 2012) - Cambridge Mercantile Group, a leader in global payments and foreign exchange, is excited to launch their new finance blog that will act as a one-stop shop for financial and market intelligence.
Blog to feature up to date, relevant market updates on FX, Global Currencies, and Risk Management
TORONTO, ONTARIO - (Dec. 3, 2012) - Cambridge Mercantile Group, a leader in global payments and foreign exchange, is excited to launch their new finance blog that will act as a one-stop shop for financial and market intelligence. The new blog will focus on discussing the latest news on global currencies and foreign exchange, as well as insightful market commentary from leading currency traders and market analysts.
"We are pleased to offer a new central outlet for our customers and market followers to quickly and easily access fundamental financial news and updates," said Matt Lifson, Cambridge Mercantile Group's Senior Trader. "As the world anticipates the deadline looming for the fiscal cliff that could jolt the US economy into recession, market followers are keen to read and gather worthy analysis to help them make the best judgment on their business. This is a perfect example on how this new blog can not only help bring timely information into one place but also facilitate great conversations among the community."
The blog will feature commentary by different market analysts and currency traders, including Mr. Matt Lifson, who has nearly 40 years of foreign exchange market experience and provides regular market commentary for major news outlets including: Reuters, Dow Jones, and Bloomberg.
About Cambridge Mercantile Group
Since its inception in 1992, Cambridge Mercantile has been earning the trust and respect of leading companies around the world by providing efficient and customizable global payment services that are second to none. Recently, Cambridge's traditional business model has been complimented with an extensive suite of hedging and risk management products, powered by payments technologies widely regarded as industry leading. With offices strategically located across the globe, Cambridge facilitates the secure and prompt movement of over $20 billion dollars annually for thousands of clients of all sizes and niches.
Read More
|
Cambridge featured in the Telegraph
Posted on
November 30,2012
In an article published on November 30 in the Telegraph, Cambridge Mercantile is solicited for advice on the recent employment figures out of the eurozone. Jason Conibear, UK Sales Director and Market Analyst, offers a slightly pessimistic view of the euro's movements after the data was released.
Click here to view a PDF of the article: Debt crisis: as it happened
In an article published on November 30 in the Telegraph, Cambridge Mercantile is solicited for advice on the recent employment figures out of the eurozone. Jason Conibear, UK Sales Director and Market Analyst, offers a slightly pessimistic view of the euro's movements after the data was released.
Click here to view a PDF of the article: Debt crisis: as it happened
Read More
|
Cambridge article in Credit Union Times
Posted on
November 22,2012
Cambridge Mercantile was recently featured in Credit Union Times, having written an article which was posted on the website. The article, written by Bob Dowd, Senior VP Payment Solutions, addresses the complex issue of finding an appropriate payment provider to service a credit union.
Bob identifies important questions that credit unions should ask themselves when looking for a payments partner, what to look for.
Click here to view a PDF of the article: Global Trade a Growing Piece of Business.
Cambridge Mercantile was recently featured in Credit Union Times, having written an article which was posted on the website. The article, written by Bob Dowd, Senior VP Payment Solutions, addresses the complex issue of finding an appropriate payment provider to service a credit union.
Bob identifies important questions that credit unions should ask themselves when looking for a payments partner, what to look for.
Click here to view a PDF of the article: Global Trade a Growing Piece of Business.
Read More
|