Market Securities

Name

Market Securities

Legal name

Market Securities LLP

Website

https://market-securities.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Market Securities is a London-based global independent financial intermediary offering cross-asset execution across equities, rates, credit, FX, commodities and structured products via 100 execution venues, serving banks, hedge funds, institutional investors and proprietary trading firms across eight offices.

Ownership category

akta.pro rank

Product category

Institutional Brokerage & Execution Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Equity Market Making & Liquidity Provision (Cash Equities) (FSACAFAJ)

Keywords

• Cross-asset execution
• Institutional brokerage
• Financial intermediation
• Market research services
• Liquidity provision

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Brokerage and Execution Services: Transaction-based revenue from providing execution services across global asset classes to institutional clients including banks, hedge funds, and proprietary trading firms. Revenue is generated through commissions and spreads on trades executed on behalf of clients.
2. Research Services: Proprietary market intelligence and research provided to clients as part of the overall service offering, supporting trading decisions across macro economics, event-driven strategies, and special situations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Market Securities is a global independent financial intermediary providing cross-asset execution and brokerage services across equities, fixed income, commodities, FX, derivatives, and structured products via connectivity to 100 execution venues worldwide. The firm complements execution with proprietary macroeconomic, event-driven, and special situations research delivered by in-house teams to institutional clients including banks, hedge funds, institutional investors, and proprietary trading firms.

Product overview

Market Securities is a unified cross-asset trading platform built around a core execution infrastructure spanning Equities, Rates, Credit, FX, Commodities, and Structured Products. The platform is complemented by three integrated sub-brands: Kyte Broking (legacy UK broker with OTF/MiFID II capabilities), MS France (ACPR/AMF regulated entity), and MS Dubai (DFSA regulated entity). Research services including Macro Economics, Event Driven/Risk Arbitrage, and Special Situations are offered as integrated components of the trading platform, providing proprietary market intelligence to inform execution across all asset classes.

Differentiator

Problem solved

Functional benefit

Products and services

• Kyte Broking Legacy UK broker brand with OTF and MiFID II compliance frameworks, providing governance infrastructure for Market Securities' European execution activities.
• MS France Market Securities (France) SA, authorized by ACPR and supervised by ACPR and AMF, providing regulated cross-asset execution to French institutional clients.
• MS Dubai Market Securities (Dubai) Limited, incorporated in DIFC and regulated by DFSA, providing financial services to Professional Clients and Market Counterparties in the Middle East.
• Equities Trading Cash equities, derivatives, convertibles, and risk arbitrage execution across global markets for institutional clients.
• Rates Trading Futures and options execution focused on short-term rates, Interest Rate Swaps (IRS), and repo markets for institutional clients.
• Credit Trading Distressed and investment-grade credit trading, with emerging markets and corporate bond repo expertise for institutional clients.
• FX Trading Foreign exchange trading from vanilla to exotic currency pairs with low-latency execution across all major currency pairs for institutional clients.
• Commodities Trading Exchange-traded and OTC commodities execution including oil, softs, metals, and minerals, plus digital asset derivatives for institutional clients.
• Structured Products Issuing primary market structured products and securing liquidity on secondary markets for structured product strategies on behalf of institutional clients.
• Macro Economics Research Award-winning macroeconomic research led by Dr. Christophe Barraud, ranked top forecaster by Bloomberg for the U.S., European, and Chinese economies, providing institutional clients with macro analysis and policy interpretation.
• Event Driven & Global Risk Arbitrage Research Expert commentary and high-touch execution across event-driven and global risk arbitrage strategies, with M&A expertise and cross-market execution for institutional clients.
• Special Situations Research Analysis, commentary, and execution on European equity special situations including share classes, holding companies, rights issues, spin-offs, tender offers, and index rebalancing for institutional clients.
• Cross-Asset Trading Infrastructure Continuous low-latency access to exchanges, private capital pools, and OTC markets around the globe across equities, fixed income, commodities, and FX, providing the core connectivity backbone for Market Securities' execution services.

Quantifiable outcome

• Average 27% return on stocks added to Southbound Stock Connect trading link
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves16 records

Expansion highlights5 records

Direct peers

• TP ICAP: TP ICAP is one of the world's largest interdealer brokers, operating across rates, FX, equities, credit and commodities with multiple regulatory licenses globally. Like Market Securities it is an independent (non-bank) intermediary monetizing execution services across asset classes, making it the closest large-scale direct peer.
• BGC Group: BGC Group (including the former GFI) operates as a global interdealer broker across rates, FX, credit, equities and commodities. Market Securities' 2015 acquisition of Kyte Broking from GFI and shared LIFFE heritage make BGC a direct competitor and structural comp on the same independent broker model.
• Compagnie Financière Tradition: Compagnie Financière Tradition is a Switzerland-based interdealer broker with presence across equities, fixed income, FX, derivatives and commodities globally. Both firms share the independent intermediary model, multi-asset coverage and European roots serving institutional clients.
• Marex: Marex is a diversified commodity-focused financial services platform offering execution, market-making and hedging across metals, agriculture and energy with growing cross-asset capability. Both firms are sizable independent intermediaries with a strong commodities franchise and global office footprint.
• Mako Global: Mako Global is a London-based independent interdealer broker covering equities, fixed income, FX and derivatives globally, including equities derivatives on LIFFE-linked venues. It is comparable to Market Securities as a mid-sized independent voice broker with cross-asset capabilities.
• Sucden Financial: Sucden Financial is the London-based brokerage arm of Sucres & Denrées, offering execution and clearing in FX, commodities, equities and derivatives to institutional clients. Comparable to Market Securities as a regulated independent multi-asset intermediary serving banks, hedge funds and prop traders.

Broad incumbents

• StoneX Group: StoneX is a U.S.-listed, globally diversified financial services firm operating across commodities, equities, FX and fixed income execution, clearing and payments. Comparable to Market Securities in execution, clearing and cross-asset intermediation though with a much broader retail and institutional footprint.
• Jefferies Financial Group: Jefferies operates a global mid-market investment bank and interdealer broker franchise covering equities, fixed income and commodities. While much larger and more diversified, Jefferies overlaps with Market Securities in independent institutional execution, including equities, credit and rates intermediation.

Regional players

• ED&F Man: ED&F Man is a London-headquartered independent commodities merchant and broker with deep roots in sugar, coffee, FX and metals. It is comparable to Market Securities as a long-established independent broker intermediating institutional flow across multiple asset classes, though more concentrated in physical commodities.

Others

• BGC Partners (historical GFI): GFI (now part of BGC Group) historically interdealer brokered credit and rates products and previously owned Kyte Broking prior to the 2015 sale to Market Securities management. Included as a peer because of the explicit historical and product overlap with Market Securities' credit and rates franchises.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/market-securities

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Market Securities