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Velocity Trade, the Canadian regulated subsidiary of global financial services firm Velocity Trade Holdings Ltd., has announced the launch of Velocity Capital Partners (VCP), a new platform aimed at strengthening its presence in investment banking and equity capital markets.
The initiative is a partnership with DeltaCap Partners Inc., a Toronto-based resource-focused merchant bank. VCP will focus on resource sectors, particularly energy and mining, and is designed to deliver proprietary investment opportunities in collaboration with DeltaCap, while leveraging Velocity’s global network to access institutional capital both domestically and internationally.
Mike Demeter, formerly of DeltaCap, joins VCP as Managing Partner and Head of Institutional Sales. Niall Glynn has been appointed as Partner, Institutional Sales. Both are recognised capital markets executives with extensive experience in the sector.
VCP’s objectives align with Velocity Trade’s existing research and trading businesses, which serve over 1,500 institutional and corporate clients worldwide. The firm operates offices in key financial centres including Toronto, Montreal, Calgary, London, Amsterdam, Johannesburg, Cape Town, Bridgetown, Sydney, Singapore, Dubai, and Auckland.
Based in Canada, VCP will focus on delivering investment opportunities in the resource verticals and aims to provide differentiated and diversified capital formation solutions. The platform will also benefit from the US expertise of Wedbush Securities Inc., an affiliate of Wedbush Financial Services and the largest shareholder of Velocity Trade Holdings.
The partnership with DeltaCap is expected to accelerate VCP’s growth objectives. DeltaCap brings over 50 years of collective experience in capital markets and corporate finance, investing its own capital and offering advisory services to innovative founders and world-class assets.
Simon Grayson, CEO of Velocity Trade, commented:
“The principals at DeltaCap and Mike Demeter have been known to the Velocity team for many years. Long ago, we identified that their exceptional talent, deep relationships, and strong reputations would marry well with both our Canadian and global platforms. We are thrilled to partner with DeltaCap, to have Mike and Niall join our team and to launch VCP. This is the first step towards our goal of building a global Capital Markets boutique that will complement our global equity, forex and commodity trading platforms.”
Mike Demeter, Head of Institutional Sales
Mike Demeter added:
“In partnering with DeltaCap and by leveraging Velocity Trade’s market expertise and trading platforms alongside our teams’ skills and experience, we will solve for an inherent and acute need for capital for resource companies through the delivery of access to unique pools of capital. Together, with DeltaCap, we will continue to build on our histories of growth and profitability, while maintaining focus on delivering exceptional value to our corporate and institutional investor clients.”
DeltaCap, based in Toronto, operates two practices: proprietary investments and advisory services. The firm’s mission is to generate exceptional risk-adjusted returns by partnering capital and advisory expertise with innovative founders.
Wedbush Financial Services, headquartered in Los Angeles, is a diversified financial services holding company. Its main subsidiary, Wedbush Securities, has operated since 1955 and provides a broad range of brokerage, wealth management, and investment banking services.
Industry observers have noted the strategic fit between Velocity’s international reach and DeltaCap’s resource sector focus, suggesting the new platform could address funding gaps for resource companies seeking institutional capital. One market analyst remarked, “This move reflects a broader trend of boutique platforms leveraging global networks to deliver differentiated capital markets solutions, particularly in sectors like energy and mining.”
