Forefront Communications

MayStreet: The Future is Bright for MayStreet – And Our Clients

Alexandra Hamer

Alexandra Hamer

Success breeds success. This truism has certainly been the case for us at MayStreet. Following our assumption of the SEC’s MIDAS contract last Fall, a steady stream of client wins, and last month’s successful company rebrand, we’re pleased to announce that we’ve closed a $21 million Series A financing round led by Credit Suisse Asset Management’s NEXT Investors.

“Series A?” I hear you ask. “Haven’t you been in business since 2012?”

Well, we’re obviously not talking overnight, ephemeral success, but rather the culmination of foresight, some very fine coding, and a tremendous amount of determination and grit. It’s obviously very gratifying to our entire team – many of whom have been with Mike and me from the early days—to reach this milestone, and we are proud and humbled that our investor partners are placing their confidence in us to this degree.

But really, we’re most excited about what this means for our clients, which include some of the industry’s most sophisticated and discerning banks, market makers, quantitative investment firms, traditional asset managers, trading platform vendors and regulators.

This investment will allow us to complete our global coverage, adding to the scores of exchanges and alternative trading venues in North America, EMEA and Asia-Pacific for which we offer data at present. We’ll also be expanding the range of asset classes we support from the current equities, options, futures and fixed income data we provide today. We’ve already begun rounding out our fixed income coverage with additional treasury venues and plan to begin adding FX markets later in the year. Finally, our work to further build our team will continue apace—the expansion of our engineering group means that we’ll be able to create new APIs and deliver more platform enhancements, all while providing the level of service people have come to expect from MayStreet.

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