Velocity Trade Asset Profile

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Year established

2007

Location

Toronto ON Canada

Primary Industry

Financial Services

About

Based in Ontario, Canada, and founded in 2007, Velocity Trade Holdings Ltd. operates as a provider of execution and custody services in global over-the-counter (OTC) and exchange-listed markets led by its CEO Simon Grayson. In October 2022, Wedbush Securities Inc. invested a significant stake in Velocity Trade Holdings Ltd. As of October 2022, the company has employed over 170 professionals that work across Toronto, Montreal, Calgary, London, Amsterdam, Hamburg, Johannesburg, Cape Town, Bridgetown, Sydney, and Auckland. Velocity Trade Holdings Ltd. develops bespoke, agnostic platforms that integrate disparate software systems, trade execution data, administrative requirements, and regulatory compliance. The company offers a suite of trading services including deliverable FX, equities, commodities, futures, fixed income, corporate finance, research, sales, and trading. In addition, the company offers tailored liquidity solutions across a range of margin products, including Spot FX, FWDs & NDFs, Options (Vanilla & Exotic), and CFDs.

Primary Industry

Financial Services

Sub Industries

Investment Banking, e-Financial, Brokerages, Accounting/Finance Software

Website

www.velocitytrade.com

Verticals

FinTech, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Deals

Deals Type
Growth

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Announced	Velocity Trade	12 Oct 2022

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