RCM-X
RCM-X provided algorithmic execution strategies and quantitative trading products for quantitative trading firms across multiple asset classes. Founded in 2017 and based in Chicago, the company was acquired by Trading Technologies International, Inc. in 2024.
- Company typePrivate
- Founded2017
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
RCM-X firmographics
Firmographics- Name
- RCM-X
- Legal name
- Trading Technologies International, Inc.
- Website
- https://rcm-x.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- RCM-X provided algorithmic execution strategies and quantitative trading products for quantitative trading firms across multiple asset classes. Founded in 2017 and based in Chicago, the company was acquired by Trading Technologies International, Inc. in 2024.
- Ownership category
- akta.pro rank
RCM-X industry classification
Industry- Product category
- Algorithmic Trading Software
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (5232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Algorithmic Trading & Execution Platforms (FSAFANAN)
- akta.pro secondary industry
- Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
Keywords
Where RCM-X is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
RCM-X business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations
RCM-X product offering
Product offeringCore offering
RCM-X provides a suite of sophisticated quantitative and algorithmic trading solutions that enable professional and institutional traders to execute trading strategies across multiple asset classes, including futures, options, fixed income, FX, and cryptocurrencies. The offering centers on advanced algorithmic execution capabilities designed for quantitative trading operations.
Differentiator
Problem solved
Functional benefit
Products and services
- RCM-X A suite of sophisticated solutions for quantitative and algorithmic trading across asset classes, enabling institutional and professional traders to deploy advanced execution strategies. Now offered as part of Trading Technologies' platform for full trade life cycle management across futures, options, fixed income, FX, and cryptocurrencies.
Companies that use RCM-X
Customer profileSegments1 record
Ideal customer profiles1 record
RCM-X technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RCM-X partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Trading TechnologiesflagshipRCM-X has been acquired by Trading Technologies. RCM-X and its suite of sophisticated solutions for quantitative and algorithmic trading across asset classes are now part of Trading Technologies. TT is the market-leading platform for full trade life cycle management across futures and options trading, fixed income trading, FX trading and cryptocurrencies.
RCM-X competitors and assessment
Company assessmentDirect peers
- FlexTrade Systems: Provider of multi-asset execution and order management systems with strong algorithmic trading capabilities for institutional clients. Comparable to RCM-X as a direct competitor in cross-asset algorithmic execution.
- Vela Trading Systems: Supplier of high-performance trading technology, market data, and connectivity for multi-asset electronic trading. Comparable to RCM-X as a competing infrastructure provider for quantitative and algorithmic trading desks.
- Quod Financial: Multi-asset algorithmic trading platform offering execution algorithms, smart order routing, and matching engine technology. Comparable to RCM-X as a direct competitor in cross-asset algorithmic execution.
- Itiviti (Broadridge Trading & Connectivity Solutions): Now part of Broadridge, Itiviti provides multi-asset trading infrastructure and connectivity used by institutional and quantitative traders. Comparable as a direct competitor in algorithmic execution and connectivity for quant workflows.
Others
- Tata Communications (Financial Markets): Provides global connectivity and infrastructure services used by financial market participants, including algorithmic and quantitative trading firms. Comparable to RCM-X as an ecosystem enabler for trade execution workflows.
Emerging players
- AlgoTrader: Institutional algorithmic trading software for quantitative and automated trading strategies across asset classes. Comparable to RCM-X as an emerging provider of algorithmic execution and quant trading infrastructure.
- QuantConnect: Cloud-based algorithmic trading platform for quants to research, backtest, and deploy strategies across multiple asset classes. Comparable to RCM-X as an emerging alternative for quant traders building and executing algorithmic strategies.
Broad incumbents
- Trading Technologies: Acquirer of RCM-X and one of the leading multi-asset trade life cycle management platforms globally, spanning futures, options, fixed income, FX, and crypto. Directly comparable as it now offers and distributes the algorithmic execution capabilities RCM-X built.
- Coinbase: Major digital asset exchange and trading platform with institutional execution services including algorithmic trading tools. Comparable to RCM-X in the crypto algorithmic execution space that is part of TT/RCM-X's asset coverage.
- Activ Financial: Global provider of market data, trading infrastructure, and low-latency technology solutions to institutional and quantitative trading firms. Comparable to RCM-X as an incumbent multi-asset infrastructure provider adjacent to algorithmic execution.
Market position
Customer concentration
RCM-X social profiles
Digital presenceRCM-X financial estimates
Financial estimateRevenue estimate
Valuation estimate
RCM-X leadership team
Management profileNumber of profiles
RCM-X funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RCM-X M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RCM-X
What does RCM-X do?
RCM-X provides a suite of sophisticated quantitative and algorithmic trading solutions that enable professional and institutional traders to execute trading strategies across multiple asset classes, including futures, options, fixed income, FX, and cryptocurrencies. The offering centers on advanced algorithmic execution capabilities designed for quantitative trading operations.
Is RCM-X a public or private company?
RCM-X is a private company. It is classified as corporate owned and is currently acquired.
When was RCM-X founded?
RCM-X was founded in 2017. It employs 11 to 50 people.
Where is RCM-X based?
RCM-X is headquartered in Chicago, United States, in the North America region.
Who are RCM-X's main competitors?
Direct peers on record are FlexTrade Systems, Vela Trading Systems, Quod Financial and Itiviti (Broadridge Trading & Connectivity Solutions). Tata Communications (Financial Markets) is listed as an others. Emerging players are AlgoTrader and QuantConnect. Broad incumbents are Trading Technologies, Coinbase and Activ Financial.
Does RCM-X have an API?
No public API is recorded for RCM-X.
What industry is RCM-X in?
RCM-X's product category is Algorithmic Trading Software. Its primary akta.pro industry code is FSAFANAN, Algorithmic Trading & Execution Platforms, with a secondary code of FSAFANAO, Digital Asset/Crypto Trade Execution Platforms. Its NAICS code is 5231 and its SIC code is 6200.