Web-based IT system 24 7 Broking is aiming to capitalise on the troubles of rival NMT. 24 7 Broking`s Chief Information Officer, Mike Duncan added: "To assist NMT users, we are prepared to offer a completely free data transfer service when they switch to 24 7"
Julie Rodilosso, Chief Executive Officer of 24 7 Broking`s parent company, Rarrigini & Rosso Group Limited, commented, "R & R have a pedigree of providing the UK Broker market with consistent value added services. In what is clearly a period of uncertainty for brokers operating on the NMT system, we feel that the 24 7 Broking proposition has never been stronger."
NMT has just a handful of weeks to find new backing following the withdrawl of Highway - a major shareholder and user of the system.
