Vela Continues to Expand Technology Portfolio, Acquires Object Trading

New York-based Vela Trading Technologies today confirmed that it has completed the acquisition of Direct Market Access (DMA) platform Object Trading, according to an official statement. The financial terms of the sale were not disclosed.

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The Object Trading acquisition will expand Vela’s capabilities to include an advanced set of solutions across the entire electronic trading workflow, and will enhance its managed services with multi-asset class coverage and low-latency market access. Vela’s clients will also gain access to additional pre-trade risk controls including drop copy functionality, post-trade processing, trading Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term, a front-end GUI for price discovery, workflow management and order entry.

On the other side, the acquisition will accelerate Object Trading’s growth strategy, providing its clients with access to additional asset classes, trading venues, geographies, low-latency data feeds, and market access products.

This acquisition of Object Trading is part of Vela’s strategic plan to grow its trading technology portfolio. The company announced last month acquisition of futures and options trading and analytics provider OptionsCity.

The newly acquired businesses will be rebranded over the next few months as its products and services are integrated into the Vela portfolio. The merger will Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term technical expertise and market knowledge to support Vela’s client base which includes banks, broker dealers, retail trading firms, investment banks, hedge funds, trading technology software providers, and proprietary trading firms.

Vela Trading, formally SR Labs, is a low-latency feed handler and market data platform provider. The group also caters to a diverse clientele via a comprehensive offering of technology deliverability utilities, trading infrastructure capabilities, and delivery mechanisms.

Jennifer Nayar, CEO of Vela, commented: “I am delighted that we have now completed the Object Trading and OptionsCity acquisitions. We look forward to working with our expanded team, clients, and the marketplace to deliver exceptional client services and an expanded set of innovative technologies and cost-effective solutions as one brand, Vela.”