Broadway wins FX Week Award for Best Liquidity Aggregation System Provider of the Year

July 11, 2018; New York Broadway Technology, a leading provider of high-performance fintech solutions to top sell- and buy-side firms around the world, is proud to announce it’s been named “Best liquidity aggregation system provider of the year” by FX Week during the 15th annual e-FX Awards to be held this evening in New York. A panel of judges including the editor of FX Week, as well as four seasoned industry experts, identified Broadway as a top provider based on product quality, innovation, and superior customer service. The panel also highly commended Broadway for “Best e-FX software provider of the year.” This marks the third consecutive year that Broadway has received honors from FX Week.

Hosted by FX Week, the e-FX Awards are widely regarded as an important industry benchmark for quality of service, outstanding achievement, and leading providers. The 2018 judging panel considered more than 130 companies in selecting winners. “The 2018 FX Week e-FX Awards remains the industry standard for quality and innovation in the foreign exchange space,” says Eva Szalay, Editor of FX Week and Head Judge. “Broadway Technology yet again demonstrated outstanding levels of commitment to providing quality, innovation, and service.”

“It’s an honor to be recognized as ‘Best liquidity aggregation system provider of the year’ by FX Week’s expert panel,” says Tyler Moeller, CEO and co-founder of Broadway Technology. “Our success is a testament to the hard work and dedication of our entire team. Following unprecedented growth over the past 12 months, we now count 20 of the world’s largest banks among our clients. We pride ourselves on being a long-term technology partner that understands the evolving competitive and regulatory landscape.”

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About FX Week
FX Week is the industry’s leading information source for foreign exchange and money market professionals working within commercial banks, investment banks, central banks, brokerages, institutional investors, multinational corporations and vendor companies serving banks and financial institutions. FX Week is part of Infopro Digital.

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions to buy-side and sell-side clients, including 20 of the largest banks in the world. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology goes live on over 20 major European fixed-income markets

July 10, 2018; New York – Broadway Technology, LLC, a leading provider of high-performance trading systems for FX and fixed income buy-side and sell-side clients is officially live on over 20 major venues for European government bonds, futures, and interest rate swaps. Additionally, enhanced versions of Broadway’s automated spread and duration trading tools and award-winning order router have all been released to support European fixed-income.

Chief Executive Officer Tyler Moeller commented, “Going live in European fixed income markets is a major achievement for Broadway. We are already seeing significant impact within the market as major global banks leverage Broadway’s advanced trading functionality to improve operational efficiency, gain a competitive edge, and grow their market share.”

An established market leader in US fixed income and global FX, Broadway has expanded its coverage to include European fixed income. Over 20 European fixed income adaptors have already launched so far as Broadway continues its global expansion. This initial rollout also includes Europe-specific features across Broadway’s portfolio of fintech software, as well as enhancements required for MiFID II support.  

Chief Technology Officer Joshua Walsky elaborated, “Support for European fixed income has been a key initiative for Broadway. I am proud of our teams’ efforts and the excellent results we’ve produced. Our customers benefit greatly from our modern approach to building large-scale high-performance trading systems. We deliver fully-managed, comprehensive solutions tailored to meet our customers’ specific requirements, and our enterprise platform, the Toc™, provides unprecedented flexibility to evolve in ways never before possible.”

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions to buy-side and sell-side clients, including 20 of the largest banks in the world. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.


 

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology introduces advanced cryptocurrency trading solutions

June 26, 2018; New York – Broadway Technology, LLC, a leading provider of high-performance trading systems for FX and Fixed Income institutional clients, is launching support for a wide range of cryptocurrencies. In a market formed around retail trading, institutional cryptocurrency traders entering the space require fast, adaptable, and future-proof systems with strong risk controls, intelligent decision-making, and real-time compliance and surveillance functionality. Chief Executive Officer Tyler Moeller commented, “The cryptocurrency market has grown over 800 percent in the past 12 months. Broadway is the only institutional-grade platform that is able to meet the needs of the next wave of professional traders entering the highly-fragmented crypto market. Institutional trading operations are coming to Broadway as a trusted long-term partner to deliver advanced cryptocurrency trading solutions that meet their immediate needs and can also adapt quickly as the market continues to evolve at a rapid pace.”

Broadway Technology has been an innovator and advisor to the financial industry for nearly 15 years; its expansion into cryptocurrencies adds another major asset class to its market leading end-to-end fintech solutions. Chief Operating Officer Jonathan Fieldman noted, “Expanding into cryptocurrencies is a natural extension of Broadway’s existing multi-asset solutions. With the proliferation of new cryptocurrencies and derivatives, the diversity of trading models and market participants, and the potential for regulation, Broadway is well positioned to lead the institutional market for crypto trading solutions.”

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions to buy-side and sell-side clients, including 20 of the largest banks in the world. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.


 

 

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology’s Tyler Moeller & Joshua Walsky Featured on Institutional Investor’s 2018 Trading Tech 40

April 4, 2018; New York – Broadway Technology, LLC, a provider of high-performance fintech and infrastructure solutions, is pleased to announce that CEO and Co-Founder Tyler Moeller along with CTO and Co-Founder Joshua Walsky have been named to Institutional Investor’s annual Trading Technology 40 for the seventh consecutive year. The annual list highlights the top fintech innovators impacting the evolution of market structure across global capital markets.

The Trading Technology 40 list is compiled by Institutional Investor’s editors, who consider input and nominations from industry experts. Criteria for selection include recent and career accomplishments and contributions to both their own companies as well as the broader industry landscape.

“We are honored to be included on Institutional Investor’s Trading Technology 40 list for the seventh year in a row,” said Moeller. “Broadway is a truly unique place, with incredible people solving the industry’s most challenging problems in innovative ways. This comes at a time when major financial institutions are finding they must simultaneously modernize their trading systems, navigate a challenging regulatory landscape, and expand business capabilities while rationalizing costs. Being recognized as a leading fintech innovator at the forefront of this momentous time is a tremendous accomplishment for Broadway.”

“As one of the financial industry’s most highly-regarded publications, it’s a great accomplishment to be included on Institutional Investor’s Trading Tech 40 list again,” said Walsky. “This achievement is a testament to the hard work and dedication of the talented team that I am fortunate to work with at Broadway.”

To see Tyler and Joshua’s full profile and the entire 2018 Trading Technology 40 list, click here.

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.

 

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology Connects with Moscow Exchange to Expand Global FX Connectivity

March 1, 2018; New York – Broadway Technology, LLC, a leading provider of high-performance fintech and infrastructure solutions, now offers solutions for connectivity to the Moscow Exchange, who is widely recognized by the largest international clients. Broadway customers can now trade FX instruments on MOEX via Sponsored Market Access (SMA) and receive MOEX Market Data. Broadway’s solutions are certified by Moscow Exchange, and its MOEX adaptors are now available to Broadway’s global client base, including over 20 of the world’s largest banks and hedge funds.

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.

About Moscow Exchange (MOEX) FX Market
MOEX FX Market offers trading in US Dollar, Euro, Chinese Yuan, Hong Kong Dollar, British Pound, Swiss Franc, Belarus Rouble and Kazakhstan Tenge. Its market data is used to calculate MOEX USD/RUB FX FIXING that meets Russian and international (IOSCO) regulatory standards. In 2017, MOEX FX ADTV was USD 24 bn. MOEX provides its clients with network connectivity from top financial centers across the globe including London, Chicago, New York and Frankfurt. More details on Moscow Exchange global connectivity infrastructure.

For media inquiries, contact:
Broadway Technology
P.J. Kinsella
Paragon Public Relations
pj@paragonpr.com
646.558.6226

Moscow Exchange
Lev Bystrov 
Communications Department
Moscow Exchange
lev.bystrov@moex.com
+7-967-102-53-29

 

 

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology Caps Record Year of Global Expansion

Completes $42 million capital raise in 2017; grows revenues by over 25%

January 18, 2018; New York – Broadway Technology, LLC, a provider of high-performance fintech and infrastructure solutions, completed the most successful year in its 14-year history as the company increased its annual revenue by more than 25% from 2016, expanded into the global fixed income markets by signing deals with three top tier banks, including Barclays, and gained substantial market share in FX with major banks.

Following the company’s $42 million capital raise from Long Ridge Equity Partners in May, Broadway closed a record amount in new bookings in 2017. It also became the only vendor with a common platform for both global fixed income and foreign exchange trading after rapidly expanding its dealer-to-dealer and dealer-to-client coverage worldwide and going live in all major European markets.

Over the last 12 months, Broadway has grown its team by 25% to nearly 150 people worldwide. To support its future growth, Broadway is building a 28,000-square foot office in New York City and has doubled the sizes of its Austin and London offices.

It has been a prolific year for Broadway’s fintech development, including the addition of EU and APAC fixed-income markets, significant enhancements to its fixed-income and FX solutions across the trading lifecycle, and support for MiFID II ahead of the January 2018 deadline.

Its flagship middleware, the Toc, has emerged as the leading smart enterprise platform for the global financial industry, underpinning some of the industry’s most advanced global trading systems. In 2017, Broadway introduced numerous platform enhancements to the Toc, including innovations in low-latency messaging, expanded web APIs, and cloud support.

The company also received several notable industry awards and accolades this year, including Best Smart Order Routing Product/Tool at the Sell-Side Technology Awards for the second year in a row, and Best FX Connectivity Provider at the e-FX Awards. Additionally, co-founders Tyler Moeller and Joshua Walsky were ranked #21 on Institutional Investor’s annual Trading Technology 40 list, which highlights the top leaders and innovators that are impacting trading technology across the global capital markets.

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway Technology, visit www.broadwaytechnology.com.

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450

Broadway Technology Adds Three Major Banks as It Expands into Global Fixed Income

October 31, 2017; New York – Broadway Technology, a provider of high-performance fintech and infrastructure solutions, has signed three tier-one banks, including Barclays, to mark its expansion into the global fixed income marketplace. With this move, Broadway is extending its advanced trading capabilities to enable global financial institutions to more efficiently address capital, operational and business model challenges caused by shifting market structure.

Broadway’s fixed income and foreign exchange clients now include 20 of the world’s largest banks and financial institutions. Its patented enterprise middleware, the TOC™, serves as the core underlying platform, allowing customers to build their own integrated applications that interoperate seamlessly with Broadway’s fintech solutions. With its unique approach, Broadway delivers comprehensive out-of-the-box fintech solutions while also giving their clients unprecedented ability to rapidly adapt and customize over time.

“Barclays chose Broadway as our technology partner because we wanted a complete solution that meets our high bar and that we can also customize with our own unique capabilities,” said John O’Callaghan, Global Head Rates eTrading at Barclays. “We are excited to be working with Broadway Technology to gain the level of flexibility and scalability its solutions will provide our fixed income operations.”

The heightened level of versatility and transparency that Broadway customers gain in their global trading operations allows them to quickly and effectively adapt to impending regulatory requirements, particularly the EU’s upcoming January 2018 MiFID II deadline.

“We are seeing demand from leading financial institutions to replace their existing vendors and legacy in-house systems with modern technology,” said Broadway Technology CEO and co-founder Tyler Moeller. “By expanding our coverage of global fixed income markets, Broadway is ensuring it’s the ideal long-term partner for major financial institutions to support their evolving worldwide operations, providing the industry’s most advanced technology from a team with deep capital markets expertise and an unbeatable record of success.”

Broadway’s global expansion is being funded from a $42 million minority capital investment it raised earlier this year with Long Ridge Equity Partners.

About Broadway Technology
Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo.

To learn more about Broadway, please visit: www.broadwaytechnology.com

 

 

 

Media Contact:
Melissa McTernan
Broadway Technology
pr@broadwaytechnology.com
+1.646.912.6450