简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Trading Technologies International (TT), which is now owned by 7RIDGE, announced on Tuesday the acquisition of RCM-X, a technology provider of algorithmic execution strategies and quantitative trading products.
The companies did not reveal the terms of the deal.
RCM-Xs team will now join Trading Technologies.
The acquisition also includes the team at RCM-X, who will now become a part of Trading Technologies. The companies, however, did not reveal the other terms of the deal.
“We are moving full speed ahead on our strategic plan, and with this acquisition , have already further expanded the TT trading platform capability within the first three months of 2022,” said Trading Technologies CEO, Keith Todd.
Strengthening Presence in the Trading Industry
RCM-Xs offerings include a broad range of algorithmic execution strategies, along with trade analytics and independent transaction cost analysis (TCA) solutions. It also provides back-testing and simulation services.
“This acquisition of RCM-X, with its outstanding team, best-in-class execution tools, and superior performance, reflects our commitment to continually broadening our offering. Not only will we make the full suite of popular RCM-X products available to every TT user, but access will be seamless as we fully integrate the service into the TT platform,” Todd added.
Trading Technologies was acquired by the growth equity firm, 7RIDGE, last December. The latest deal is the first acquisition of Trading Technologies since the change of its ownership.
“We‘re extremely proud of what we’ve built and accomplished over the years and excited to bring our unique product suite, innovative technology and talented staff to an entirely new level as part of Trading Technologies,” said Joe Signorelli, RCM-Xs CEO.
“TT is deeply embedded in the culture and daily operations of so many firms, and its market access across the globe aligns optimally with both our current footprint as well as the growth of our execution algo business and software distribution. TT clients will soon be able to use and provide their own customers with a breadth of advanced execution algorithms, comprehensive trade analytics and independent TCA services from the TT platform they use every day.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
Swissquote is a unique online broker with a solid banking background in Switzerland. As a forex-focused platform, it provides one of the most respective range in the industry, over 80 currency pairs in major, minor and exotic. Notably, Swissquote offers different trading conditions for traders from Switzerland, Europe, Middle East, Hong Kong, South Africa, and other regions, and traders at Swissquote can enjoy the benefit of trading with its well-regulated brand and entities. Besides, Swissquote offers excellent research offerings along with its product offerings.
Webull Financial stands as a digital trading platform founded in 2017, offering commission-free trading across multiple asset classes including stocks, options, ETFs, cryptocurrencies, and forex. The platform targets primarily intermediate traders seeking a balance of analytical tools and straightforward execution capabilities. While Webull provides robust charting tools and an intuitive mobile experience, its forex offering remains at industry average levels with certain limitations in currency pair selection compared to some other forex brokers.