CHICAGO--(BUSINESS WIRE)--Matrix Executions, an agency-only broker dealer headquartered in Chicago, celebrates winning its second award in the financial services space in six months after being named a “Top 10 Trading Solutions Provider” by Financial Services Magazine on July 17, 2023. In the past year, Matrix has been widely recognized as a leader in the trading technology space due to their advanced proprietary offering that includes OMS/EMS systems, fully bespoke trading algorithms, low touch and high touch execution services, and workflow automation tools.
CEO Jordan Naylor commented, “It’s been an incredible year for our team and company. Our mission has always been to be the best in what we do, and these two awards are a testament to the expertise and hard work of our team, as well as the best-in-class services and solutions that we deliver to serve the diverse needs of the professional trader community. With this year’s industry recognitions, it’s clear we’re on the right track.”
In his post-award interview with Financial Services Review, Chief Strategy Officer Joe Corona explained how the Matrix team brings over 40 years of experience in listed options and trading system architecture to the table, which is a unique part of their special ability to serve today’s trading professionals, “We have been practitioners, traders, brokers, so we have stood in the shoes our clients currently stand in. I think that gives us unique insights into the problems that our clients currently face.”
This accolade follows Matrix Executions’ earlier win of the award for “Best Options Trading Technology Provider of 2023” in the 11th annual U.S. Markets Choice Awards held in New York City on May 3rd, 2023.
The Markets Choice Awards are held annually for both the U.S. and European financial markets, recognizing exemplary individuals, teams, and firms in the capital markets and financial services industries. Those who are nominated for Markets Choice Awards are proposed and voted on by members of the community through anonymized, user-submitted survey responses collected from individuals who make up the capital markets, financial services, and broader Markets Media communities.
Winners of Markets Choice Awards represent “the best” offerings and service capabilities in trading, execution, reg-tech, clearing, and include exchanges, technology providers, established institutional firms, Broker-Dealers, emerging fintech firms, and the latest cutting edge solutions and services of each one.
Matrix Executions COO Allen Greenberg, who collected Matrix’s MCA award in New York on behalf of the Matrix team, remarked, “As a growing young startup, it’s an incredible honor to see Matrix named as an industry leader amongst some of the biggest, most influential, and well established firms in our industry.”
Founded in 2018 by a team of veteran derivatives traders and trading technologists, Matrix has emerged as a leader in the U.S. options trading technology and routing & executions space, despite just having celebrated their 5th anniversary.
Matrix Executions continues its work on creating exceptional and innovative trading technology with no signs of slowing down. It is currently developing a first-of-its-kind workflow and execution solution for the trading of FLEX options, as well as continuously enhancing its sophisticated suite of proprietary user-configurable algorithms. Given the volatile and challenging market conditions faced today’s trading community, Matrix’s suite of liquidity-seeking algorithms has been particularly in demand and is a priority focus for continuous enhancements for the Matrix Executions team.
About Matrix Executions, LLC
Matrix Executions, LLC, is a Chicago-based agency-only broker-dealer focused on best execution and trading workflow automation. A technology-driven firm, Matrix was founded by options innovators with decades of experience in cutting-edge execution solutions. With unique industry expertise and state-of-the-art assets, Matrix delivers exceptional solutions and results to demanding institutional professionals. Matrix Executions is a subsidiary of Matrix Holding Group, LLC, and is a member of all options exchanges. For more information, contact firstname.lastname@example.org, call (312) 334-8000, or visit www.matrixexecutions.com.