Trading Technologies has acquired TRAFiX, the equities and equity options order and execution management specialist, buying its way into the one major asset class its platform did not cover and squari...

Executives discuss client demand for a unified platform.

Trading Technologies has successfully acquired TRAFiX, enhancing its multi-asset platform to include global equities and options. This strategic move positions TT uniquely in the capital markets industry.

  --- * Strengthens TT's ability to deliver full multi-asset trading, risk management and order execution on a single SaaS platform * Extends TT's proven, cloud-native platform to equities—empowering buy-side and sell-side customers to replace fragmented legacy vendor stacks with a unified trading architecture Trading Technologies International, Inc. (TT), a global capital markets technology provider, today announced it has acquired TRAFiX LLC (TRAFiX), a leading provider of equities and equity options order and execution management systems (OEMS) and FIX connectivity solutions. The addition of TRAFiX will make TT one of the most comprehensive multi-asset trading platforms in capital markets technology, extending its coverage across every major asset class—from futures, foreign exchange (FX) and fixed income to global equities and equity options—on a single, cloud-native platform. Terms of the transaction, which closed today, were not disclosed. This acquisition builds on TT's long-standing market leadership in futures and options execution and the launch of the firm's fixed income, FX and cryptocurrency offerings. The integration of TRAFiX's market-leading OEMS capabilities for global equities and equity options will create a single, end-to-end global multi-asset trading platform offering best-in-class execution management system (EMS) and order management system (OMS) tools; comprehensive FIX and market connectivity; multi-asset risk management, analytics and regulatory reporting; multi-asset trade surveillance and compliance workflows; and multi-asset pre-trade and intra-day margin analytics. The enhanced TT platform will enable customers to replace fragmented legacy vendor stacks with a modern, cloud-native trading architecture. It will help them unify and simplify risk management with capital efficiency across all asset classes in real time; automate workflows and seamlessly execute innovative cross-asset trading strategies; and expand venue access through a single connectivity layer reaching key liquidity providers worldwide across exchange-traded and over-the-counter (OTC) products. Justin Llewellyn-Jones, CEO of Trading Technologies, said: "This acquisition is transformational for TT and represents a significant step forward in our multi-asset evolution. With TRAFiX fully integrated into the TT platform, clients will have access to a single, cloud-native system delivering unparalleled cross-asset trading capabilities. TRAFiX has built an exceptional product and talented team, trusted by more than 200 customers globally, with connectivity to more than 100 trading venues. Together, we are creating something truly differentiated for our customers that will redefine the capital markets landscape." Walter Fitzgerald, Co-Founder and CEO of TRAFiX, said: "Our team is thrilled to bring TRAFiX into the Trading Technologies family, and even more excited about what this means for our customers. We have built a next-generation equities and equity options trading platform that seamlessly unites order and execution management to meet the dynamic demands of today's global trading desks. Our platform empowers broker-dealers, asset managers and proprietary trading firms with low-latency execution, real-time data visibility and robust compliance tools, all within a single unified workflow. By joining forces with Trading Technologies, we are taking our solution to the next level, combining our cutting-edge equities and options capabilities with TT's global scale to deliver the ultimate multi-asset trading platform." Houlihan Lokey acted as lead financial advisor, Marks Baughan acted as co-advisor and Willkie Farr & Gallagher LLP acted as legal advisor to TRAFiX. Berenson & Company acted as financial advisor, and Goodwin Procter LLP acted as legal advisor to TT.  

TRAFiX, a global provider of multi-asset trading technology and connectivity, has been selected by Sigma Capital Partners MENA Limited (“Sigma Capital Partners”) to support the expansion of its institutional brokerage business. Sigma’s clients now benefit from streamlined access to global equities products through a single OMS. Operating from the Dubai International Financial Centre (DIFC) and regulated by Dubai Financial Services Authority (DFSA), Sigma Capital Partners provides agency execution services to institutional, family office and wealth management clients. Flexible execution and deep regional market expertise support its clients to access liquidity efficiently with minimal information leakage. TRAFiX OMS will support Sigma Capital Partners as it continues to grow its institutional brokerage franchise across the MENA region and expands market reach and asset coverage to its increasingly international client base. Michael Ottrando, Managing Director and Global Head of Sales, TRAFiX, said: “We are delighted to support Sigma Capital Partners as it expands its MENA and international presence. Clients need more than technology alone; they need a partner that responds quickly, works closely with them and is agile as their business develops. This collaboration gives Sigma Capital Partners a flexible, scalable platform from which to broaden its offering, while further strengthening TRAFiX's presence in the Middle East.” Howard Spooner, Senior Executive Officer, Sigma Capital Partners MENA Limited, said: “Our operating model and growth strategy combines experienced execution professionals with sophisticated trading technology and exceptional levels of customer service. As our technology partner, TRAFiX gives us the best of all worlds - global market access and connectivity; proven, high performance, multi-asset execution capabilities and a highly responsive, relationship-led approach. We are also confident of their ability to quickly flex and scale as client requirements evolve, supporting our immediate and longer-term growth.” TRAFiX’ multi-asset OMS and extensive broker-neutral connectivity network supports more than 400 clients worldwide, linking firms to execution venues, clearing firms and third-party providers.

Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - Representatives from R.J. O'Brien, National Bank Financial Markets, Trading Technologies, CanDeal, ION Markets, RBC Capital Markets, Societe Generale, Aviso Correspondent Partners, Interactive Brokers, Jane Street, Optiver, Scila, StoneX Group Inc., Susquehanna International Group, TRAFiX LLC, and Wolverine Execution Services, joined Luc Fortin, President and Chief Executive Officer, Montréal Exchange and Global Head of Trading, TMX Group, to...