Vela Trading Continues Growth Strategy with Object Trading Acquisition
This Vela move follow’s its acquisition last month of futures and options trading specialist OptionsCity.
Last year Vela rebranded itself to move beyond being a market-data specialist—a reputation that was built on SR Labs’ offering and the addition of the Wombat team, which SR Labs bought from the Intercontinental Exchange Group in 2013—toward more of an end-to-end trading platform provider.
To help speed up that evolution, last month it announced the acquisition of OptionsCity, a Chicago-based vendor specializing in futures and options trading and analytics. Jennifer Nayar, CEO of Vela, tells Wat
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