March 2, 2024

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Trading Technologies acquires AxeTrading, further accelerating multi-asset class expansion with major move into fixed income markets

Trading Technologies acquires AxeTrading, further accelerating multi-asset class expansion with major move into fixed income markets

CHICAGO and LONDON, March 8, 2023 /PRNewswire/ — Investing Systems Global, Inc. (TT), a global money marketplaces technologies system supplier, introduced that the organization has obtained London-based mostly AxeTrading, a leading world-wide provider of fixed cash flow investing remedies. The acquisition marks a substantial broadening of TT’s multi-asset capabilities with an enlargement into whole protection of company, federal government, municipal and emerging sector bonds as nicely as around-the-counter (OTC) curiosity charge swaps, strengthening TT’s leading situation in mounted earnings derivatives and U.S. Treasuries. Terms of the transaction were not disclosed.

For a lot more than a ten years, AxeTrading has serviced a huge variety of worldwide buyers with its award-successful system. In addition to furnishing connectivity to all main set cash flow investing venues, AxeTrading also provides a really subtle, customizable pricing and quote management motor, and automated workflow administration equipment, offering considerable positive aspects to current market members faced with the complexity of pricing, quoting and buying and selling mounted revenue products across several venues and protocols.

Keith Todd, CEO of TT, stated: “The preset income industry represents a main prospect for TT offered its size, significant advancement and ongoing adoption of digital trading. This acquisition is a key aspect of our technique to grow past listed derivatives and cryptocurrencies, providing us an extensive offering in the mounted earnings place. AxeTrading and Investing Technologies are both of those identified as technological innovation leaders in our respective marketplaces. We are energized to welcome the talented AxeTrading workforce to TT and to apply our shared vision for the shipping of main mounted revenue operation via the industry’s leading Program-as-a-Provider (SaaS) system.”

AxeTrading CEO Greville Lucking reported: “This acquisition represents a important video game changer. The combination of AxeTrading’s leading knowledge in mounted cash flow marketplaces technologies, jointly with TT’s by now established placement in listed derivatives and U.S. Treasuries, will provide a comprehensive supplying to clients globally. Leveraging the TT SaaS system to produce and distribute a genuine multi-asset offering is just what our consumers are seeking. We have been particularly amazed with the ambition of the TT workforce in the fastened money market place, and we are confident that our aligned eyesight and tradition will drive a really thriving long term for our customers, partners and workers.”

Throughout 2022, TT acquired RCM-X, a engineering company of algorithmic execution techniques and quantitative trading items, and entered into strategic partnerships with KRM22 plc to develop its threat administration product or service portfolio, Talos to broaden its cryptocurrency supplying, ATEO Finance to deliver put up-trade allocation solutions and Bantix Technologies to present the QuikStrike choices evaluation program software by way of the TT platform. TT will even further increase its item portfolio and asset course protection by means of new strategic initiatives in 2023.

About Buying and selling Technologies

Investing Systems ( is a Software-as-a-Support (SaaS) technology system company to the world cash markets business. The company’s award-winning TT® system connects to the world’s big global exchanges and liquidity venues in listed derivatives alongside a expanding quantity of asset courses, which includes preset income and cryptocurrencies. The TT system provides state-of-the-art applications for trade execution and order management, industry facts answers, analytics, trade surveillance, danger administration and infrastructure services to the world’s leading promote-side institutions, get-facet companies and exchanges. The company’s blue-chip shopper base contains the Tier 1 financial institutions as nicely as brokers, dollars professionals, hedge cash, proprietary traders, Commodity Investing Advisors (CTAs), professional hedgers and danger professionals. These firms rely on the TT ecosystem to control their conclusion-to-conclude buying and selling operations. In addition, exchanges use TT’s technologies to produce progressive answers to their industry members. TT also strategically companions with technologies organizations to make their complementary offerings obtainable to Buying and selling Technologies’ international consumer foundation via the TT ecosystem.

About AxeTrading

Founded in 2009, AxeTrading is headquartered in London with revenue places of work in Sydney and Singapore. The multi-award profitable worldwide mounted money buying and selling program company enables exclusive market place generating, quoting, bond pricing, purchase execution and industry intelligence across the comprehensive array of preset revenue market participants. The AxeTrader Quoting and Execution Management Technique (QEMS) workflow presents obtain to the industry’s most flexible, personalised and user-configurable fastened money quoting and pricing motor. The organization frees traders to make the greatest use of their existing units to interact seamlessly across execution venues and hook up to leading market place information resources.

Source Trading Technologies