About Pragma Securities
Pragma Securities is a Technology company based in New York (United States) founded in 2003, and was acquired by MarketAxess Holdings in August 2023. Multi-broker algorithmic trading systems are provided to financial clients. Its chief executive, as recorded, is David Mechner. Pragma Securities offers products and services including Algorithms and EMS. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Forex. Its legal entity is PRAGMA LLC. Its competitors include Quantopian, AIExchange and Leeloo Trading; 2 of its 3 listed competitors have raised funding.
Company details
Pragma Securities was founded in 2003 and is headquartered in New York, United States. Operations focus on financial services within the trading sector, where quantitative tools and research are supplied to buy-side and sell-side clients without conflicts of interest. The Pragma360 Platform supports execution in US and Canadian equities, futures, and spot FX markets. Tools are continually adapted to market changes.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnology
- Website pragmatrading.com
- Social LinkedIn X
- Acquired by MarketAxess Holdings (Aug 2023)
- Legal Name Pragma Llc
- Investors
- Acquired byMarketAxess Holdings
(Aug 2023)
Products & Services of Pragma Securities
Pragma Securities offers a comprehensive portfolio of products and services, including Algorithms and EMS.
Provides automated strategies for financial trading in equities and FX
Facilitates electronic management of trades for investment operations
Investors in Pragma Securities
Pragma Securities has secured backing from 1 investor. Prominent investors backing the company include MarketAxess Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fixed-income instruments are traded through an AI-based platform. | 2000 | marketaxess.com | New York, United States |
Investor details for Pragma Securities
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People of Pragma Securities
1 people are tracked at Pragma Securities (1 in leadership).
| Name | Role | Group |
|---|---|---|
David Mechner | CEO | Leadership |
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Timeline of Pragma Securities
2 dated milestones of Pragma Securities across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Pragma Securities is founded.
- Exit Acquired by MarketAxess Holdings.
Competitors of Pragma Securities
Pragma Securities has 3 listed competitors in our database, 2 of them funded. They include Quantopian, AIExchange and Leeloo Trading.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantopian.com | 2011 | Boston, United States | $49.48M | 33 | Cloud-based platform for algorithmic trading and strategy backtesting is provided. | |
| aiexchange.com | 2011 | Boston, United States | $1.74M | Technology platform for alternative investment access is provided to advisors. | ||
| leelootrading.com | 2019 | Great Falls, United States | Trading skills are tested via an online platform. |
Detailed competitors of Pragma Securities
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Web traffic of Pragma Securities
The website of Pragma Securities (pragmatrading.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 6.8% vs previous month
Websites whose visitors overlap most with Pragma Securities. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kjtradingsystems.com | 100% | #1,582,381 | View details | ||
| algotrader.com | 89% | View details | |||
| actant.com | 88% | #8,263,344 | View details | ||
| stellartradingsystems.com | 88% | View details | |||
| weedenco.com | 87% | View details | |||
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| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Pragma Securities
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Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Pragma Securities (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Pragma Securities
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Frequently Asked Questions about Pragma Securities
Pragma Securities was founded in 2003.
Pragma Securities is headquartered in New York, United States. It is registered at New York, New York, United States.
David Mechner is the CEO of Pragma Securities, as recorded in our data.
Pragma Securities was founded in 2003 and is headquartered in New York, United States. Operations focus on financial services within the trading sector, where quantitative tools and research are supplied to buy-side and sell-side clients without conflicts of interest. The Pragma360 Platform supports execution in US and Canadian equities, futures, and spot FX markets. Tools are continually adapted to market changes.
Pragma Securities's top competitors include Quantopian, AIExchange and Leeloo Trading.
Pragma Securities offers Algorithms and EMS.
Pragma Securities has 1 investor. Key investors include MarketAxess Holdings.
Pragma Securities operates through Pragma Llc.
Yes. Pragma Securities was acquired by MarketAxess Holdings in August 2023.