smartTrade buys Celoxica to add listed-market execution speed
What's the deal? France-based smartTrade Technologies has acquired Celoxica, a specialist in ultra-low latency execution infrastructure for listed equities, futures, fixed income, and options. The deal value was undisclosed. Celoxica is now part of the smartTrade Group.
What each company does: smartTrade builds electronic trading and payments software, leading at the workflow, pricing, and distribution layer across FX, FX derivatives, and payments. Celoxica delivers hardware-accelerated execution across more than 80 venues worldwide, serving Tier 1 prime brokers, quantitative funds, and algorithmic trading desks.
What's the endgame? The acquisition extends smartTrade's coverage from over-the-counter to listed markets, and from pricing and orchestration into execution infrastructure. It opens Celoxica's technology to smartTrade's 250-plus clients, while Celoxica clients gain access to smartTrade's multi-asset tools and AI capabilities.
What's the rationale? The two firms sit at complementary layers of the front-office stack. "We are convinced that, together, we offer our clients something much more valuable than either of us could offer alone," said David Vincent, chief executive officer and co-founder of smartTrade.
What changes for customers? Little, in the near term. Celoxica's client relationships, contracts, and day-to-day service remain unchanged, and general manager Jean-Marc Bouhelier continues to lead the business, joining the smartTrade executive committee.
Why now? The deal follows smartTrade's December 2025 purchase of FX and rates specialist kACE, extending a run of acquisitions aimed at widening its product ecosystem.
The signal: Trading-technology providers are racing to build integrated, multi-asset platforms. Broadridge added futures and options via CQGDealroom has a profile for this one. Try Dealroom → in May 2026, and Trading Technologies moved into equities with TRAFiXDealroom has a profile for this one. Try Dealroom → in September. For smartTrade, the prize is cross-selling across both firms' clients and competing for broader infrastructure mandates — though the undisclosed price leaves the deal's scale unclear.
Read more: fxnewsgroup.com
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