Company Overview
Snapshot
Founded in January 1997 by Yaacov Heidingsfield, TraderTools is a Fintech & Insurtech company with 11–50 employees. The company has raised $9.8M across two funding rounds from one investor. In June 2020, TraderTools was selected by MFP Trading to provide aggregated FX liquidity.
Business overview
TraderTools provides innovative technology solutions for liquidity access and distribution within the forex market. Its core product, the Unique Liquidity Network (ULN), offers a single source of transparent and aggregated liquidity, built on tailored relationship pricing and cost-effective credit solutions. This enables clients to execute trades at optimal prices. The ULN is technology-neutral and can be accessed via TraderTools' proprietary or third-party technology solutions. The company operates in the Fintech & Insurtech sector, serving financial institutions, banks, and investment and portfolio management firms, including those focused on trading, as well as private investors.
Strategic signal
In June 2020, TraderTools partnered with MFP Trading to provide aggregated FX liquidity and tailored relationship pricing. This collaboration allows MFP Trading to offer its customers access to over 100 venues for anonymous execution of large orders, leveraging TraderTools' expertise in relationship-based pricing and liquidity management. This partnership signals TraderTools' continued growth and ability to expand its market reach by enabling other firms to offer deeper liquidity and better pricing to their clients.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant partnership for TraderTools in 2020?
- In June 2020, TraderTools was selected by MFP Trading to provide its customers with access to aggregated liquidity and tailored relationship pricing, enabling MFP Trading to offer over 100 venues for anonymous execution of large orders.
- How did TraderTools expand its offerings to regional banks in May 2019?
- In May 2019, TraderTools expanded its foreign exchange forwards and swaps offering to regional banks, allowing them to white-label these products to increase market access for their customers and potentially become market-makers in these instruments.
- What algorithmic trading solution did TraderTools roll out in April 2019?
- In April 2019, TraderTools rolled out a suite of algorithms designed to enable regional market-making banks to operate like high-frequency traders in their local currencies, by incorporating algorithmic logic into its automated pricing engine.
- What strategic partnership did TraderTools form in January 2018?
- In January 2018, TraderTools partnered with Abacus Group to host its FX trading technology, migrating all its customers to the Abacus Private Cloud to improve scalability and leverage an open model, supporting TraderTools' growth objectives.
- What was a key growth area for TraderTools in July 2016?
- In July 2016, TraderTools experienced growth in emerging markets currencies by providing consistent pricing and liquidity to mid-tier regional banks, focusing on G10 and emerging markets liquidity and emphasizing innovation and customer service.