About Pragma Securities
Pragma Securities is a company based in New York (United States) founded in 2003 was acquired by MarketAxess Holdings in August 2023.. Pragma Securities offers products and services including Algorithms and EMS. Pragma Securities operates in a competitive market with competitors including Quantopian, AIExchange, Leeloo Trading, Algoriz and A.I. Capital Management, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Pragma Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
MarketAxess Holdings
(Aug 07, 2023)
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Products & Services of Pragma Securities
Pragma Securities offers a comprehensive portfolio of products and services, including Algorithms and EMS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides automated strategies for financial trading in equities and FX
Facilitates electronic management of trades for investment operations
Funding Insights of Pragma Securities
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pragma Securities
Pragma Securities has secured backing from 1 investor. Prominent investors backing the company include MarketAxess Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Fixed-income instruments are traded through an AI-based platform.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pragma Securities
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pragma Securities
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pragma Securities Comparisons
Competitors of Pragma Securities
Pragma Securities operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantopian, AIExchange, Leeloo Trading, Algoriz and A.I. Capital Management, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based platform for algorithmic trading and strategy backtesting is provided.
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Technology platform for alternative investment access is provided to advisors.
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Trading skills are tested via an online platform.
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Simple language is converted into trading algorithms by the platform.
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| domain | founded_year | HQ Location |
AI-based algorithmic trading solutions are offered to traders and investors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pragma Securities
Frequently Asked Questions about Pragma Securities
When was Pragma Securities founded?
Pragma Securities was founded in 2003.
Where is Pragma Securities located?
Pragma Securities is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Pragma Securities?
David Mechner is the current CEO of Pragma Securities.
What does Pragma Securities do?
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.
Who are the top competitors of Pragma Securities?
Pragma Securities's top competitors include FXlabsplus, Quantopian and Tradelegs.
What products or services does Pragma Securities offer?
Pragma Securities offers Algorithms and EMS.
Who are Pragma Securities's investors?
Pragma Securities has 1 investor. Key investors include MarketAxess Holdings.