This enhancement will also utilise xcritical streaming price feeds and market data to provide clients with a curated view of their liquidity providers, driving better decision making and execution outcomes. The currency market is already one of the largest in the world with $2.3 trillion traded every day. By 2010, volume is expected to reach $3 trillion a day with electronic foreign exchange trading likely to double to roughly $2 trillion a day, according to a study from ClientKnowledge. xcritical is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution. Prior to this, he was the Co-Founder and CTO for BestX, a trading analytics platform started in 2016 which quickly became the industry standard for best execution analytics which was acquired by State Street in 2018.

• They offer a choice of trading and risk management applications designed to enable producers, financial organisations and trading companies to manage their commodity transactions in an integrated solution.
• Infront’s terminal, mobile apps and versatile electronic trading solutions connect professional users to their local and international markets.
• Acquisitive French dealing systems vendor GL Trade is buying FNX Solutions, a US-based firm that supplies financial institutions with technology for the management and processing of capital market transactions.
• AMP has the largest financial advice network in Australia and New Zealand with more than 4,400 aligned and employed financial advisers.

The trading infrastructure provider xcritical was founded in 1999 as one of the first multi-dealer platforms for institutional foreign exchange, and was acquired by State Street in 2007 for $564 million. It offers private label services for clients that want to operate a trading venue without the need for hardware investment. Pure Digital aims to provide a best-in-class primary institutional market, with a consortium of banks as liquidity providers, custodians, and clearers.

INTERTRADE Co., Ltd. is a Japan-based company principally engaged in the provision of packaged systems for security business. The Company is involved in the design, development, sale, maintenance and operation of front and packaged systems for security business and corporations, and more. Arab Finance Brokerage Co. announced a group of investors finalized the acquisition of 100% of Arab Finance. Among the new shareholders, were market experts Mohamed Radwan, Ex-Board member In Pharos Securities and Omar Radwan.

Crypto platform Bit2Me snaps up software studio Dekalabs

State Street Corporation, a leading provider of financial services to institutional investors, announced that it has acquired Charles River Systems, Inc. , a premier provider of investment management front office tools and solutions. BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, announced that BGC has entered into an agreement to acquire Perimeter Markets Inc. Perimeter Markets is an independent provider of electronic fixed income and futures trading in Canada, through its CBID platforms. Abrdn, a UK-based asset manager, has acquired a majority stake in Archax, a global digital asset exchange and brokerage based in London.

ShareOwner has been providing independent investment education and low-cost investing services to retail investors since 1987. Micro Design Services, LLC designs and develops software products for the financial industry. Its products include Advanced Component Architecture, Futures Order Management System and Exchange Order Routing System , and Advanced Order Management System. Reilly joins State Street from Cantor Fitzgerald, where he was most recently global head of foreign-exchange sales and trading, with the remit of expanding the business and creating new partnerships. Reilly’s predecessor, David Newns, has taken on the role of global head of GlobalLink Execution Services.

xcritical Inc. connects more than 60 global banks to a superior electronic trading network, making xcritical one of the deepest liquidity pools in Forex. Accessed through a global electronic communications network, xcritical patented technology is also available to users in privately-branded solutions. https://xcritical.pro/ State Street Corporation the world’s leading provider of financial services to institutional investors, announced today that it has completed the closing of its acquisition of xcritical. State Street is a leading provider of financial services to institutional investors around the world.

State Street Digital Introduces New Service, GlobalLink Digital

Their smartphone app allows individual investors to buy and sell stocks for free. TD Ameritrade Holding Corporation announced that it has completed the acquisition of thinkorswim Group Inc. This combination enhances TD AMERITRADE’s industry leadership position, solidifying its #1 market share in trades per day and making the firm the new industry xcritical official site leader in the number of options trades placed each day. Investment research and trading outfit State Street Global Markets has acquired UK reference data provider SSISearch. Allocare, a leading producer of asset management software in the German-speaking countries, is undergoing a management buyout led by CEO Peter Staub and Co-Founder Jakob Kamm.

Their platform allows institutional investors to trade in all types of digital assets, from cryptocurrencies to digital securities. Neonet offers sophisticated brokerage services and efficient trading software solutions, Neonet XG, for securities trading on the world’s leading market places. State Street Corporation is one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.

The company’s headquarters is located Altishofen with an additional office in Zurich. The agency-only broker was founded on the belief that buy-side traders and portfolio managers need more efficient and effective ways to employ real-time quantitative execution strategies. If a user or application submits more than 10 requests per second, further requests from the IP address may be limited for a brief period.

Motif is a next-generation online broker offering thematic investing to individual and institutional investors. They are a fintech pioneer that has combined breakthrough technology and data science to deliver customized thematic portfolios to investors. The Charles Schwab Corporation announced that it has completed the acquisition of the technology and intellectual property of Motif, a next-generation online broker offering thematic investing to individual and institutional investors. Perimeter Markets Inc. develops and operates alternative marketplaces for trading Canadian fixed income products. Their fast and efficient electronic markets support the best execution needs of investors. Cantor Fitzgerald has acquired the assets of Horizon Global Trading, a provider of fixed income trading software, from telecomms carrier IDT for $2.76 million in shares.

Financial ServicesCompany

They provide their clients with financial advice, and access to high quality investment products and services. Thinkorswim is a leading online brokerage company specializing in options that also offers customers a broad range of products including equities, futures, mutual funds, and bonds. State Street’s SwapEx is a versatile and highly functional electronic trading platform serving the needs of derivative traders. SwapEx leverages the experience and accumulated, mature, award-winning technology suite developed for and used throughout State Street’s other supported businesses including xcritical, FX Connect and GovEx. SwapEx was granted temporary registration as a Swap Execution Facility on September 13, 2013 and full registration on January 22, 2016.

• Bringing the three businesses together will result in improved benefits for clients including FXConnect Market Monitor, a price discovery tool for FXConnect buy-side clients, according to State Street.
• Join Mergr to view all 204 acquisitions of financial services companies in 2007, including 63 acquisitions by private equity firms, and 141 by strategics.
• Perimeter Markets Inc. develops and operates alternative marketplaces for trading Canadian fixed income products.
• UK derivatives trading vendor Ffastfill has bought Exchange Technology, an Australian provider of middle office and trading software, for A$2.5 million.

EBS is the world’s leading provider of FX and precious metals transactional trading and data solutions to thousands of trading professionals and organisations. Through the Nordic Exchange, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. The Nordic Exchange is a term used for marketing purposes and is not a legal entity. UK derivatives trading vendor Ffastfill has bought Exchange Technology, an Australian provider of middle office and trading software, for A$2.5 million. Ffastfill says it has acquired Exchange Technology for the equivalent of £1 million in cash plus £0.24 million in shares at 7.125 pence per share.

Banks

OpenMarkets is a digital trading platform that provides retail investors, traders, advisers, robo-advisers, brokers and financial intermediaries with a suite of innovative brokerage services for trading on the Australian securities markets. Archax is a global digital asset exchange, brokerage and custodian based in London. Liquidnet is a technology-driven, global institutional investment network, connecting the world’s investors to the world’s investments. Its network spans 45 markets and connects institutional brokers, investment banks, exchanges, alternative trading venues, and data and research providers. Marco Polo Network is currently the largest independent platform for electronic trading of securities listed and traded on Emerging Markets exchanges. MPN’s trading platform allows global investors transparent and cost efficient electronic access to over 70 local exchanges in 42 emerging markets.

Our management team guides xcritical with strong experience and a global presence. To opt-in for email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the requested email address. Pure Digital’s crypto venue is expected to go live in the “middle of 2021” and will be “multi-custodial,” meaning investors could choose a custodian of their choice.

• Thinkorswim is a leading online brokerage company specializing in options that also offers customers a broad range of products including equities, futures, mutual funds, and bonds.
• The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
• PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
• MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets.
• Niyogin, a non-banking finance company in India, has acquired a 50.1% stake in Moneyfront, an online robo-advisory and investment platform in India.

State Street, which has $1.7 trillion in assets under management and $11.9 trillion in assets under custody, said xcritical will augment its FX Connect foreign exchange trading platform. Bringing the three business together will result in significant benefits for clients including FXConnect Market Monitor, an improved price discovery tool for FXConnect buy-side clients. This enhancement will utilize xcritical streaming price feeds and market data in order to provide clients with a curated view of their liquidity providers, driving better decision making and execution outcomes. Dublin-based Ion Trading, a provider of dealing systems for electronic fixed income markets, is acquiring Anvil Software, a UK-based supplier of software for repo trading and securities lending. The primary asset of Traders Development LLC is the trading software known as Avalon FX Pro, which is an innovative software platform in use today by foreign exchange trading companies.

Invesco provides a wide range of investment strategies and vehicles to their clients around the world. OTKRITIE Financial Corporation Ltd. is one of Russia’s leading banking groups which offers its clients and partners the full array of investment banking, commercial banking, brokerage and investment management services. SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Brady plc is the leading provider of software solutions for global commodity trading. They offer a choice of trading and risk management applications designed to enable producers, financial organisations and trading companies to manage their commodity transactions in an integrated solution. Abc Multiactive is a software company in Hong Kong that provides solutions for brokerages.