Quantitative Brokers Receives $24 Million Investment
Centana Growth Partners invests in Quantitative Brokers for its expansion plans.
The investment will help Quantitative Brokers build on its agency algorithms and grow further, the company said. Quantitative Brokers says it has seen rapid growth in the past year, doubling its revenue in 2016 and 25 percent year on year in 2017.
Christian Hauff, CEO and co-founder of Quantitative Brokers, said the new investment will also help the firm increase its market share.
“The investment will go toward expanding our teams from quant research and algorithm development to trading system support as we expand into new asset classes like options on futures, and also into new regions such as Asian futures markets,” Hauff said. “As a leading fintech provider in fixed income markets, we are constantly evaluating ways to empower our clients with smarter and more innovative tools.”
One of these new markets is Asia, as the company wants to expand into providing services for futures and Asia futures exchanges.
Last year, Quantitative Brokers released its fifth algorithm called Closer to optimize execution relevant to settlement price benchmarks. The company also won best TCA provider in the 2016 Buy-Side Technology Awards.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
EMS vendors address FX options workflow bottlenecks
Volatility is driving more buy-side interest in automating exercises and allocations.
BNP Paribas explores GenAI for securities services business
The bank recently released a new web app for its client portal to modernize its tech stack.
Treasury selloff challenges back-office systems, datafeeds
FIS and Trading Technologies suffered downtime during peak activity.
Coming to America: Deutsche Börse targets US market using SimCorp One
Fresh from integrating SimCorp and rearranging its business lines, the German exchange has set American expansion as its goal for SimCorp’s buy-side offering.
Tariffs, data spikes, and having a ‘reasonable level of paranoia’
History doesn’t repeat itself, but it rhymes. Covid brought a “new normal” and a multitude of lessons that markets—and people—are still learning. New tariffs and global economic uncertainty mean it’s time to apply them, ready or not.
ICE eyes year-end launch for Treasury clearing service
Third entrant expects Q2 comment period for new access models that address ‘done-away’ accounting hurdle
MarketAxess, S&P partnership aims for greater transparency in fixed income
CP+, MarketAxess’s AI-powered pricing engine, will receive an influx of new datasets, while S&P Global Market Intelligence integrates the tool into its suite of bond-pricing solutions.
Trading Technologies looks to ‘Multi-X’ amid vendor consolidation
The vendor’s new CEO details TT’s approach to multi-asset trading, the next generation of traders, and modern architecture.
