Exegy Acquires Vela Trading Systems

Exegy Incorporated, the market leader in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems LLC, a leading provider of data and execution technology for global multi-asset electronic trading, announced on May 20th that they have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over $7.5 billion of capital commitments under management. Operating as Exegy Incorporated, the combined company creates a dominant provider of premier data and execution platforms, anaged services for electronic trading powered by proprietary hardware-acceleration, Artificial Intelligence (AI), and service automation technologies. Read More