Tradefeedr closes $3m funding round
Tradefeedr, a London, UK based trading analytics workflows company, raised $3m in early-stage financing.
The majority of the new funds come from IPGL, the private investment company owned by Lord Michael Spencer, the founder of global markets company, ICAP plc and financial technology business, NEX plc.
Established in 2018 by Balraj Bassi and Alexei Jiltsov, who had previously worked together at Lehman Brothers and launched Blacktree, a macro systematic hedge fund, Tradefeedr allows clients to query and analyse their FX trading data from participating liquidity providers and ECNs via a standardised API, enabling them to improve the quality of their trade execution. The company has signed up 14 liquidity providers and a number of clients to use the platform, including Goldman Sachs, UBS, XTX Markets and Insight Asset Management over the past year.
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