TraderTools
Forex Trading Platform
Company Overview
Snapshot
Founded in January 1997 by Yaacov Heidingsfield, TraderTools operates with 11–50 employees. The company has raised $9.8 million across two funding rounds from Edison Partners. In June 2020, TraderTools was selected by MFP Trading for aggregated FX liquidity.
Business overview
TraderTools provides innovative technology solutions for liquidity access and distribution within the forex market. The company's core product, the Unique Liquidity Network (ULN), offers a single source of transparent and aggregated liquidity, built upon tailored relationship pricing and cost-effective credit solutions. This enables clients to execute trades at a measurable best price. The ULN is technology-neutral and accessible through TraderTools' proprietary or third-party solutions, serving the Fintech & Insurtech sector, specifically in Trading & Investing.
Strategic signal
In May 2019, TraderTools announced plans to allow banks to white-label its forwards and swaps offerings. This strategic move indicates the company's focus on expanding its reach and market penetration by enabling financial institutions to leverage TraderTools' technology under their own brand, signaling a growth-oriented partnership model to investors.
Company Intelligence Q&A
- What is TraderTools' primary offering?
- TraderTools provides a Unique Liquidity Network (ULN) that delivers a single source of transparent and aggregated liquidity for the forex market, enabling clients to execute at a measurable best price.
- When was TraderTools founded?
- TraderTools was founded in January 1997.
- What significant partnership did TraderTools announce in June 2020?
- In June 2020, TraderTools was selected by MFP Trading to provide aggregated FX liquidity.
- What was a key product development for TraderTools in April 2019?
- In April 2019, TraderTools announced plans to roll out an algo suite specifically designed for regional banks.
- What strategic offering did TraderTools introduce in May 2019?
- In May 2019, TraderTools announced it would allow banks to white-label its forwards and swaps products.