Top 10 Trading Solution Providers in Europe - 2019
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Top 10 Trading Solution Providers in Europe - 2019

Top 10 Trading Solution Providers in Europe 2019 The trading industry is currently recalibrating its business models concerning sellside derivatives and structured products, aiming to recover from the regulatory changes that occurred during the post-financial crisis as well as the shrinking volatilities in the global cash equities markets. The mentioned incidents led to the consolidation of the futures commission merchant (FCM) sector from 2008 to 2010 compelling them to offer full issuance, pricing and market-making services to the buy-side clients, both on- and off-exchange. As such, organizations are looking for solutions suited to support the transformation in the global marketplace.

As businesses experience the constant brawl of the bull and the bear, CFOs are making their bids toward technology best-practices, combined with their in-house legacy systems that boast of third-party augmentation and strategies. Buy-side entities are recommending models to traders, based on their Request for Quote (RFQ) data. Mining and analyzing this data, buy-sides will be able to identify trader-behavior and suggest better trading options. On the other hand, sell-sides are offering lucrative prices for trade. Leveraging smart algorithms to spot liquidity and block trading possibilities in the market, entities are adopting tools to enhance the holistic trading and price discovery process. According to trade enthusiasts, cryptocurrencies and the entire tokenization wave will see their destiny this year. As more traders take interest in Bitcoins and other forms of virtual money, it is important that they attain a deeper understanding of these new asset categories, along with the regulations associated with them, in order to realize their full potential. With the digital transformation penetrating into the small market sector as well, The Markets in Financial Instruments Directive and The Markets in Financial Instruments Regulation (MiFID II) along with Brexit Planning are in control, implying more investment in business innovation. Operational platforms will enable collaboration between teams, consequently promoting seamless workflows that drive productivity.

Buy-sides will significantly observe more efficiency in completion of their tasks, thanks to data-driven processes, accelerated with advanced automation. Traders can hence, focus on alpha generation, thereby empowering buy-sides to multiply their incomes instead of just saving them. The ever-evolving role of buy-sides will demand better performance, simultaneously making way for improved block trading schemes and algorithms for liquidity solutions. While intelligent automated execution and liquidity sourcing find a bigger place in the industry, buy-sides will be capable of delivering enhanced execution of trading processes.

All of the trends mentioned will undoubtedly make trading an enjoyable experience. However, with increasing cyber threats security is being considered the foremost objective to be achieved. Global regulators and UK’s FCA are working toward framing steps that would mitigate risks.

While cutting-edge technology ensures quality for the trading industry, it is an uphill task for organizations to decide on one from the wide assemblage of trends. To make this task easier, a distinguished panel comprising CEOs, CFOs, CIOs, VCs, Analysts and the editorial board of Capital Markets CIO Outlook has selected a list of trading solution providers. We present to you Capital Markets CIO Outlook’s “Top 10 Trading Solution Providers in Europe 2019.”

Top Trading Solution Europe Companies

A leading innovator, London-based Adaptive Financial Consulting, brings a state-of-the-art and flexible trading platform, ‘Hydra,’ assisting companies to reach markets faster and gain a competitive edge. Hydra constitutes a series of components labelled as Hydra Cluster, Hydra Messaging, Hydra Web Gateway, and Hydra Fix. The highly efficient Hydra Cluster allows Adaptive’s development team to build resilient services such as trade matching engines and request for quotation workflows. Additionally, low latency and high throughput complement Hydra Cluster to handle large amounts of trading data in volatile market conditions

weareadaptive.com

ALB

ALB

ALB was established in 2017 and is authorized and regulated by the MFSA to provide investment services under the Investment Services Act. It holds a category 3 license and is authorized to provide two investment services—dealing on own account and the execution of orders on behalf of other persons. It caters to retail clients, professional clients (including collective investment schemes) as well as eligible counterparties. As a leading online trading provider, ALB offers major and exotic FX pairs, equity indices and commodity CFDs. It also offers CFDs based on equities and keeps commissions at a quite low flat rate

www.alb.com

It is one of the leading foreign exchange company that has been using MetaQuotes’ comprehensive trading applications—, MT4 and MT5—as well as their own proprietary Web Trader platform to bring a variety of trading options to brokers. FXDD’s success is acknowledged by its clientele that comprise prominent professionals and businesses in the trading industry. While most brokerage companies in the spectrum are new, the company has over 15 years of experience in providing services to traders in the circuit. The defining feature of the company is the use of its own proprietary bridge to communicate between the MetaTrader platform and the solutions that it deploys

www.fxdd.com

The company is a leading provider of institutional-grade real-time portfolio and risk management software solution and provides clients the choice of full-service online accessibility with real-time pricing, security master, corporate actions, derived market data, and 24/7 connectivity or traditional in-house software installation. Its integrated software, data, and services help businesses better manage financial risk, improve portfolio performance, and deliver transparency. Imagine’s innovative technology and talented professionals deliver easy-to-use solutions that drives entire front-to-back office operations that enable its clients to navigate changing markets, respond to regulatory change and scale for growth

www.imaginesoftware.com

AlgoTrader

AlgoTrader

AlgoTrader is a single platform for conducting quantitative research, trading strategy development, strategy back-testing, and automated trading deployment. Architecturally, it is a robust, highly optimized, truly distributed, event-driven, and multi-threaded software platform built for state based, asynchronous development of complex trading models. AlgoTrader is an open, feature rich platform that handles all the tedious aspects of quant modelling and strategy development: strategy wizards, embedded valuation & technical analysis libraries, all common trading methods, configurable back-testing framework, reference data starters, inbound FIX adapters, public REST endpoints, historical data services, and market data/broker/exchange adapters

Allegro Development Corporation

Allegro Development Corporation

Allegro has been enabling position visibility, risk management, comprehensive controls, and regulatory compliance through their forward-compatible platform. Their commodity, a trading and risk management solution, supports a variety of different industries, commodities, and departments without requiring significant customization. Whether it is a crude oil marketer, a petrochemical risk manager, a natural gas scheduler, or an agricultural operations professional, Allegro will ensure that they are connected to the right information at the right time. Allegro is headquartered in Dallas, and serves customers worldwide with offices in Houston, London, Singapore, Dubai, Calgary, Jakarta and Zurich

Cinnober

Cinnober

A leading provider of trading and clearing technology, Cinnober serves exchanges and clearinghouses worldwide. With mission-critical solutions and services, the company's technology and methods are developed to increase the competitive edge of customers with very high demands on stability, performance, and sophisticated functionality. Cinnober has extensive experience of deploying and operating software for high-volume financial marketplaces, and all of its solutions are available as managed services. In addition, the company's TRADExpress platform powers some of the most important marketplaces in the world with its highly scalable and robust architecture

CMC Markets

CMC Markets

With almost 60,000 global clients executing 68.4m trades annually (2017-18) on its award-winning platform and native mobile apps, CMC markets is a leading global provider of financial spread betting and contracts for difference (CFDs). The company's unique proprietary trading platform allows our clients to trade FX, indices, cryptocurrencies, commodities, shares and treasuries via CFDs and spread bets (UK & Ireland only). To bolster its unmatched success, CMC Markets provides competitive pricing and dedicated 24-hour customer service, whenever the markets are open. The company's institutional arm provides bespoke, top-tier liquidity solutions for banks, brokers, funds and trading desks, through its grey and white label, API, Prime FX and Prime Derivatives solutions

DycoTrade

DycoTrade

Delivering software solutions for Commodity and Trade companies, DycoTrade offers state of the art software-systems to support your commodity trade operations. The company's the software solution comprises 5 elements: Terminal Market, Forex, Physical market, Logistic and accounting. DycoTrade's solution is a totally integrated system, based on Microsoft Dynamics AX and certified by Microsoft. Microsoft Dynamics gives DycoTrade's clients an enhanced ERP functionality, which when combined with the industry-specific functionality added by DycoTrade, gives businesses a complete ready-to-use solution for managing their business processes

Spotware

Spotware

The company was founded by a FinTech expert and entrepreneur – Andrey Pavlov. It consists of an in-house team of over 110 experts in financial technology, who collectively possess over 100 years of industry experience. Spotware has been raising the standards of the online trading industry since the release of its first product – cTrader, to innovate the forex market. cTrader is Spotware’s flagship trading platform solution and a brand trusted by millions of traders worldwide. Currently, cTrader is made available by dozens of top global brokers, who bought into the Traders First approach to boost the credibility of their brand