Tag: Trading Technologies

The integration is expected to provide Trading Technologies with access to clients across hedge funds and energy sectors, while OpenGamma will also benefit from a greater pool of sell-side bank customers.  

The investment deepens the firms’ existing partnership and will see SIGMA AI’s chief executive expanding his current role to also become TT’s head of AI and innovation. 

The integration follows the launch of GFO-X in May 2025, which aims to provide clients with institutional-grade market infrastructure, central clearing and deep liquidity. 

The offering aligns with further planned expansion, with the firm also set to offer EBS Direct and CME Group’s FX Spot+ platform.  

The new scorecard system will provide monthly rankings of equity brokers for institutional investors.

While 76% of asset managers use TCA for regulatory and compliance purposes, more advanced and sophisticated use cases are continuing to gain traction, according to an Acuiti report.

Initially expected to close in Q1 2024, the deal is the second and final part of Trading Technologies’ acquisition of Abel Noser’s offerings.

Trading Technologies is the first independent platform Hidden Road has made available to clients for cleared derivatives.

New offerings will provide a TCA tool made specifically for futures trading as well as an expanded set of asset classes - beyond listed derivatives - for trade surveillance.

Deal builds on an existing strategic partnership between the pair announced in late 2022 to deliver a sell-side focused post-trade allocation service.