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Through the funding, MultiLynq expects to rapidly expand its presence across the trading community over the next few years as it anticipates increased demand for e-trading solutions.
March 8, 2023 - MultiLynq, a provider of electronic fixed income trading connectivity and integration solutions, announced that it has secured growth funding from Citadel Securities and Jane Street Capital.
The investment will allow MultiLynq to enhance the depth and range of services it provides to clients. Both Citadel Securities and Jane Street are current and active users of MultiLynq's solutions and leaders in deploying cutting-edge technology for the benefit of their clients.
"By offering a single API to the most important trading venues, MultiLynq's technology removes complexity and barriers to entry while providing us with smarter, more efficient access to electronic fixed income markets," said Troy Kane, Global Head of Derivatives and FICC Development at Citadel Securities.
"We're investing in MultiLynq because we've seen firsthand that their solutions have the potential to greatly streamline electronic trading," said Matt Berger, Global Head of Fixed Income at Jane Street. "We look forward to growing alongside them, as their purpose-built fixed income offering uniquely positions them in this rapidly expanding industry."
"We're incredibly grateful to have Citadel Securities and Jane Street as clients and now as investors," said MultiLynq Co-Founders Patrick Scheideler and Scott Collins. "Their support will allow us to expand the reach of our clients and empower the broader fixed income community."
MultiLynq provides solutions for any firm trading fixed income electronically, from broker-dealers to hedge funds and asset managers.
