26 Degrees

What 26 Degrees does

26 Degrees Global Markets Pty Ltd is an independent, ASIC-regulated multi-asset prime broker founded in Australia in 2013 and headquartered in North Sydney. The firm provides prime brokerage, liquidity, execution, clearing, custody, market data, reporting, risk, capital introduction, and outsourced trading services to four client segments — international broker dealers, emerging hedge funds (including family offices and proprietary trading firms), hedge fund allocators, and trading firms. With offices in Sydney, Tokyo, Limassol, and London, 26 Degrees positions itself as a high-touch alternative to Tier 1 bank primes that are pulling back from the segment due to regulatory reform, aggregating five Tier 1 bank give-up relationships (JP Morgan, NatWest, Standard Chartered, Macquarie, Cantor Fitzgerald) and more than 20 bank, non-bank, and ECN liquidity providers.

The product surface spans FX and precious metals CFDs, 40 proprietary Index and Commodity CFDs, Equity and ETF CFDs across 44 global markets, Pairs CFDs, Algo Execution, Cash Equities (DMA across 21 countries), Equity and ETF Synthetics, an Equity Algorithm Suite (TWAP, VWAP, Auction, Participation, Iceberg), FX/precious metals via the oneZero platform, proprietary Index and Commodity synthetics, and Synthetic Futures spanning 17 global exchanges. Underlying technology includes a proprietary DMA Portal, the 'Insights' real-time analytics and TCA system, cross-collateralised margin accounts across asset classes, FIX drop-copy / REST API / SFTP connectivity, low-latency co-location in Equinix LD4 / NY4 / TY3, and integration with OMS/Bridge/Aggregators including PrimeXM, FX-Cubic, Centroid, Iress, Bloomberg, and oneZero. Market data is delivered through an exclusive Cboe Data Vantage / Cboe One relationship.

Revenue is generated through transaction fees on execution, financing, commissions, and service fees associated with clearing, custody and execution, supplemented by capital introduction (professional services) and data monetisation via vendor-of-record market data agreements. Pricing is bespoke and quote-based per client. Go-to-market is relationship-driven direct enterprise sales with dedicated teams for each segment, supported by 24/6 global coverage, content marketing, industry media contributions, and sustained award recognition including Best Prime of Prime from FX Markets Asia for four consecutive years.

Name

26 Degrees

Legal name

26 Degrees Global Markets Pty Ltd

Website

https://26degreesglobalmarkets.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

26 Degrees Global Markets is an ASIC-regulated, independent multi-asset prime broker headquartered in Sydney, providing prime brokerage, liquidity, execution, capital introduction, and outsourced trading to international broker dealers, emerging hedge funds, family offices, and trading firms across four global offices.

Ownership category

akta.pro rank

Product category

Multi-Asset Prime Brokerage

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Prime Brokerage (FSAEACAD)

akta.pro secondary industries

FX Prime Brokerage / Prime-of-Prime Access Venues (FSAFADAL), Equity Swaps & Synthetic Prime Brokerage (TRS/CFDs) (FSACAFAE), Prime Brokerage Financing (Margin/Stock Loan) (FSACAIAD)

Keywords

• Prime brokerage services
• Multi-asset trading
• Liquidity solutions
• Capital introduction
• Direct market access

Headquarters

HQ city

North Sydney

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Prime Brokerage Services: Full-service prime brokerage solutions for emerging hedge funds, family offices, and proprietary trading firms. Revenue generated through financing, commissions, and service fees associated with clearing, custody, and execution services.
2. Liquidity and Execution Services: Bespoke liquidity solutions for broker dealers drawing on relationships with Tier 1 banks and 20+ bank, non-bank and ECN liquidity providers. Revenue from spreads, commissions, and volume-based fees.
3. Capital Introduction Services: Targeted approach to connecting hedge fund allocators with emerging managers. Service provided as part of prime brokerage relationships.
4. Market Data Solutions: Customisable and flexible market data solution for broker dealers. Can function as vendor of record on behalf of clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

26 Degrees Global Markets is an independent, ASIC-regulated multi-asset prime broker providing prime brokerage, liquidity, execution, market data, reporting, risk management, and capital introduction services to broker dealers, hedge funds, family offices, allocators, and proprietary trading firms. It offers these services across FX, metals, indices, commodities, equities, and futures, leveraging proprietary trading technology (DMA Portal, Insights analytics), low-latency infrastructure co-located in LD4, NY4, and TY3 data centres, and relationships with five Tier 1 prime broker banks and 20+ liquidity providers.

Product overview

26 Degrees Global Markets is a multi-asset prime broker offering a comprehensive platform of prime brokerage services for Broker Dealers and Hedge Funds. The core offerings include Prime Services for Broker Dealers (with sub-modules for liquidity solutions, execution transparency, tech-focused trading, market data, reporting, and risk solutions) and Prime Services for Hedge Funds (including capital introduction, outsourced trading, global trading coverage, and proprietary back-office reporting). Asset class products span FX and Metals CFDs, Equity Index and Commodity CFDs, Equity and ETF CFDs, Pairs CFDs, Algo Execution, Cash Equities, Equity and ETF Synthetics, Equity Algorithm Suite, FX and Precious Metals, Index and Commodity, and Synthetic Futures. Additional supporting infrastructure includes the DMA Portal for technical configurations and integrated Market Data and Risk Solutions. The platform integrates with major trading platforms including oneZero, Iress, Bloomberg, PrimeXM, FX-Cubic, Centroid, and QuantHouse, with connectivity via FIX API.

Differentiator

Problem solved

Functional benefit

Products and services

• Prime Services for Broker Dealers A dedicated multi-asset prime brokerage offering for broker dealer clients, providing liquidity, execution, technology, reporting, market data, and risk services across FX, metals, indices, commodities, equities, and futures.
• Prime Services for Hedge Funds A dedicated prime brokerage offering for emerging and mid-size hedge fund managers, providing cross-asset margin, capital introduction support, and access to 40 proprietary Index and Commodity CFDs.
• Capital Introduction Capital introduction service supporting the firm's hedge fund clients in connecting with institutional allocators and family offices.
• Outsourced Trading Outsourced trading service offering front, middle, and back-office trading support to emerging managers and trading firms.
• Multi-Asset Liquidity Solutions for Broker Dealers Aggregated multi-asset liquidity from 20+ bank, non-bank, and ECN providers, presented as a unified liquidity pool via the firm's DMA Portal and pricing engine.
• Execution and Transparency Execution service providing broker dealers with access to aggregated liquidity, transparent pricing, and direct market access across 17 exchanges via co-located infrastructure in LD4, NY4, and TY3.
• Tech Focused Solutions Technology-focused solutions for broker dealers built on the proprietary DMA Portal, APIs, and InSite analytics.
• Market Data Solutions Multi-asset market data solutions for broker dealers, including exclusive Cboe data partnerships across APAC and Europe.
• Reporting Services Reporting services delivering straightforward, detailed reporting from execution through to clearing, real-time trade flow visibility, and risk visualisation through the Insights system.
• Risk Solutions Risk solutions providing sophisticated risk mitigation and management via cross-collateralised margin accounts with a rules-based, transparent margin methodology and a comprehensive margin mark-up framework.
• Synthetic Futures (Index and Commodity CFDs) Synthetic futures product suite of 40 proprietary Index and Commodity CFDs spanning 17 exchanges globally, giving clients CFD prices across multiple asset classes in one margin trading account.
• Cash Equities Cash equities product offering added to 26 Degrees' multi-asset prime brokerage platform in 2025.
• Pairs CFDs Pairs CFD product released in 2025, allowing clients to take advantage of market opportunities without the underlying market exposure across the firm's margin trading accounts.
• Extended Hours Trading for US Equity CFDs Extended hours trading capability for US Equity CFDs launched in 2025, extending trading access beyond standard market hours.

Quantifiable outcome

• Best Prime of Prime provider for four consecutive years by FX Markets Asia
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core.

• JP MorgancoreTechnology or IntegrationTier 1 prime broker relationship providing access to global equity, foreign exchange, precious metals, index and commodity markets. One of several Tier 1 banks supporting three and four way give-ups.
• NatWestcoreTechnology or IntegrationTier 1 prime broker relationship providing access to global equity, foreign exchange, precious metals, index and commodity markets.
• Standard CharteredcoreTechnology or IntegrationTier 1 prime broker relationship providing access to global equity, foreign exchange, precious metals, index and commodity markets.
• MacquariecoreTechnology or IntegrationTier 1 prime broker relationship providing access to global equity, foreign exchange, precious metals, index and commodity markets.
• Cantor FitzgeraldcoreTechnology or IntegrationTier 1 prime broker relationship providing access to global equity, foreign exchange, precious metals, index and commodity markets.
• CboecoreTechnology or IntegrationMarket data partnership enabling institutional-quality market data distribution. Cboe Data Vantage with flexible redistribution and free end-user retail data allows 26 Degrees to scale distribution to millions of retail end users without prohibitive per-user fees. Cboe One extended hours feed enables Asian clients to trade US equities during their waking hours.
• QuantHousecoreTechnology or IntegrationSelected QuantHouse Cboe One Feed to expand US trading capabilities and offer enhanced after-hours access for retail brokers.
• IresscoreTechnology or IntegrationTechnology platform partner providing access to 44 global equity markets. Long-standing relationship where Iress has become a cornerstone of the offering.
• BloombergcoreTechnology or IntegrationTechnology platform partner providing access to 44 global equity markets. Bloomberg EMSX used for algo trading access.
• oneZerocoreTechnology or IntegrationTechnology platform partner providing access to 44 global equity markets. Also used for FX and precious metals liquidity via oneZero platform.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• IS Prime: UK-headquartered multi-asset prime of prime offering FX, CFDs, equities, and commodities to broker dealers and emerging hedge funds. Highly comparable business model, customer segments, and prime-of-prime positioning to 26 Degrees.
• GBE Prime: Dubai-based prime of prime broker providing multi-asset liquidity, execution, and technology to broker dealers and institutional clients globally. Operates in the same prime-of-prime niche targeting broker dealers underserved by Tier 1 primes.
• Finalto: UK-based multi-asset prime of prime (formerly CFH Clearing) offering institutional liquidity, execution, and technology across FX, equities, commodities, and CFDs. Direct competitor in the prime-of-prime space serving broker dealers and funds.
• Scope Prime: Cyprus-based prime of prime offering multi-asset trading, liquidity, and technology to broker dealers and institutional clients. Operates from the same Cyprus jurisdiction with comparable emerging-manager client focus.
• Equiti Group: Multi-jurisdiction prime-of-prime and broker-dealer services firm offering multi-asset liquidity, technology, and prime services. Comparable in target segments (broker dealers, emerging funds) and global footprint.
• Advanced Markets: US-based prime of prime providing multi-asset trading technology, liquidity, and prime brokerage services to broker dealers and institutional clients. Directly comparable business model in the prime-of-prime category.
• ATFX Connect: Institutional arm of ATFX offering prime-of-prime liquidity, technology, and execution services to broker dealers. Competes in the same institutional prime-of-prime niche as 26 Degrees.

Broad incumbents

• Marex: Larger, publicly listed diversified financial services firm with prime brokerage, commodities, and equities businesses. Provides a broader and deeper multi-asset prime offering, but operates as a much larger incumbent serving a wider client base including large hedge funds.
• Interactive Brokers: Global multi-asset broker and prime broker offering execution, clearing, custody, and financing across 150+ markets. Significantly larger incumbent with broader prime services but serves a more diversified client base including retail and institutional.
• Saxo Bank: Denmark-headquartered multi-asset bank offering prime brokerage, custody, and execution across FX, equities, commodities, and futures. Operates as a larger incumbent with overlapping multi-asset capabilities to institutional and emerging manager clients.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/26degreesglobalmarkets
• LinkedInlinkedin.com/company/26degreesglobalmarkets

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 26 Degrees