What MultiLynq does

MultiLynq is a New York-based fintech founded in 2018 that provides a single high-performance API for electronic fixed income trading. The company's core product translates complex, venue-specific trading languages and messaging protocols — including RFQ negotiation, portfolio trading, auction mechanisms, and various quoting conventions — into a single normalized API. MultiLynq maintains live production connectivity to every major and emerging fixed income trading venue, including MarketAxess, Tradeweb (including Dealerweb Wholesale and TW Direct), Bloomberg, ICE TMC Bonds, ICE Bonds, ICE BondPoint, Liquidnet, LTX Trading, TruMid/Turret, UBS, Octaura, Neptune, and Bonds.com. Its offering is delivered as a fully hosted, low-touch service in which clients establish a single physical connection to a MultiLynq data center while MultiLynq maintains all upstream venue connectivity on their behalf.

The company was founded by Patrick Scheideler (formerly COO of InterDealer Trading Solutions for 10 years and recent consultant to MTS Markets International) and Scott Collins (formerly CTO of InterDealer Trading Solutions for ~15 years and Chief Systems Architect at BGC Partners/EuroBrokers). Both co-founders have deep, long-tenured experience building electronic trading platforms and APIs for fixed income markets. In March 2023, MultiLynq raised undisclosed growth funding jointly led by Citadel Securities and Jane Street Capital — both of which are described as current users of the MultiLynq platform and leaders in deploying advanced trading technology.

MultiLynq serves major financial institutions, tier-1 fixed income dealers, and systematic trading firms via a direct enterprise sales motion. Revenue is generated through subscription or usage-based fees for API access and venue connectivity, structured as multi-year enterprise contracts with quote-based pricing not publicly disclosed. The company is privately held, headquartered in New York, and operates with 1-10 employees. Demand generation is primarily website-driven via a 'Platform Exploration' contact form, with organic credibility derived from its marquee customer-investor base.

Name

MultiLynq

Legal name

MultiLynq

Website

https://multilynq.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

MultiLynq provides a single high-performance API that connects financial institutions to every major and emerging electronic fixed income trading venue, serving tier-1 dealers, major financial institutions, and systematic trading firms via a fully hosted managed connectivity service.

Ownership category

akta.pro rank

Product category

Fixed Income Trading Connectivity

NAICS

Miscellaneous Intermediation (523910)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Bond RFQ & Request-for-Stream Platforms (FSAFACAG)

Keywords

• Fixed income trading
• Electronic trading API
• Bond trading infrastructure
• Venue connectivity
• Trading protocol aggregation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API Connectivity Services: MultiLynq provides electronic fixed income trading connectivity solutions via a high-performance API. Revenue is derived from subscription or usage-based fees for API access, venue connectivity, and their fully hosted integration-as-a-service offering. The company serves as a managed service provider maintaining physical data center connections to trading venues on behalf of clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

MultiLynq provides a single high-performance API that connects financial institutions to every major and emerging fixed income trading venue, translating complex trading languages, RFQ negotiation, portfolio trading, auction mechanisms, and quoting conventions into one normalized interface. The offering is delivered as a fully hosted, low-touch solution where clients establish a single physical connection to MultiLynq's data center and MultiLynq maintains all upstream connectivity to trading venues on their behalf.

Product overview

MultiLynq offers a unified platform centered on a single high-performance API for electronic fixed income trading. The core offering consists of the API itself, supplemented by Multi-Venue Access and Market Integration-as-a-Service capabilities. Additional features include Venue Aggregation for consolidated market data and pricing across platforms, and a Fully Hosted Solution for clients preferring managed infrastructure. The platform connects to every major and emerging fixed income trading venue including TradeWeb, MarketAxess, Bloomberg, ICE, Liquidnet, LTX Trading, Turmis, Neptune, UBS, Octaura, and ICE BondPoint, enabling RFQ negotiation, portfolio trading, auction mechanisms, and various quoting conventions through one unified interface.

Differentiator

Problem solved

Functional benefit

Products and services

• Single High-Performance API for Fixed Income Trading MultiLynq's flagship high-performance API that provides a single integration point for all fixed income electronic trading workflows, translating complex trading languages and messaging protocols across every major and emerging fixed income venue into a unified format supporting RFQ negotiation, portfolio trading, auction mechanisms, and quoting conventions. Targeted at major financial institutions, tier-1 dealers, and systematic trading firms.
• Fully Hosted Trading Connectivity Solution Managed, low-touch hosting service where clients establish a single physical connection to a MultiLynq data center and MultiLynq maintains all upstream connectivity to trading venues, evolving seamlessly as the market changes. Suitable for any trading engine and targeted at financial institutions that want fully outsourced fixed income venue connectivity.
• Market Integration-as-a-Service Customized integration service creating tailored connectivity solutions suitable for any trading engine, with pre- and post-trade capabilities spanning RFQ negotiation, portfolio trading, auction mechanisms, and various quoting conventions. Designed for clients whose trading systems require bespoke integration work.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature4 records

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Tradeweb Markets: Tradeweb is a leading global electronic trading platform for fixed income, derivatives, and ETFs. MultiLynq integrates with Tradeweb as a venue while also competing with adjacent connectivity/workflow services Tradeweb offers to institutional clients.
• MarketAxess: MarketAxess operates a major electronic trading platform for fixed income, particularly credit. It is both a venue MultiLynq integrates with and a potential competitor in providing trading connectivity and workflow tools to institutional fixed income desks.
• Bloomberg Trading Solutions: Bloomberg provides trading connectivity and order/routing functionality across multiple fixed income venues within the Bloomberg Terminal. It overlaps with MultiLynq's normalized API and venue aggregation capabilities at a much larger scale.
• ICE Bonds: ICE Bonds operates one of the largest electronic fixed income trading networks and is a venue MultiLynq integrates with. ICE offers proprietary connectivity and workflow tools that compete with parts of MultiLynq's offering.
• Charles River Development (State Street): Charles River provides an Investment Management Solution (IMS) used by buy-side firms for order management and trading workflows, including fixed income. It competes for institutional fixed income workflow and connectivity budgets that MultiLynq also targets.
• Itiviti (Broadridge Trading and Connectivity): Broadridge's Trading and Connectivity solutions (formerly Itiviti) provide multi-asset order routing, connectivity, and workflow services to sell-side and buy-side institutions. It overlaps with MultiLynq's normalized API and multi-venue connectivity positioning.

Direct peers

• Liquidnet Fixed Income: Liquidnet provides electronic trading in fixed income (and equities) with a focus on institutional block liquidity. MultiLynq connects to Liquidnet as a venue and competes for the same institutional buy-side workflow.
• LTX (LiquidityEdge / Broadridge): LTX is an electronic trading platform for corporate bonds owned by Broadridge. It is a venue MultiLynq connects to and serves similar buy-side and sell-side clients with comparable electronic fixed income workflow tooling.
• TruMid: TruMid is an electronic trading platform for corporate credit focused on mid-market and dealer-to-client workflows. MultiLynq integrates TruMid's Turret venue and operates in the same electronic credit market segment.

Emerging players

• Octaura: Octaura is a recently launched electronic trading platform for credit built by a consortium of major dealers. MultiLynq integrates Octaura as a venue and both companies are shaping the next generation of electronic credit trading infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

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 MultiLynq