AIX-EN-PROVENCE, FR, Feburary 3, 2026 - smartTrade Group (“smartTrade”), a leader in multi-asset electronic trading solutions, today announced the acquisition of TickTrade Systems Inc. (“TickTrade”), a Toronto-based technology firm providing next-generation FX trading and payments SaaS solutions for financial institutions.
Both companies provide liquidity management solutions and FX trading systems that enable financial institutions to develop and run high-performance trading platforms throughout the world. Together the business will serve a truly global client base across North America, Europe and Asia.
The combination of smartTrade and TickTrade represents a compelling strategic fit providing customers with highly complementary SaaS, electronic FX trading products. The combined company will deliver the best of both industry-leading FX trading technologies – smartTrade’s connectivity, aggregation, and risk management technology with TickTrade’s analytics, payments, and rich advanced distribution technology.
Hg, a leading software and services investor which has backed smartTrade since 2020, will remain a majority investor in the combined group, along with longstanding investors Keensight and Pléiade. The terms of the transaction were not disclosed.
“For both smartTrade and TickTrade customers, the combination is extremely compelling. It brings two industry-leading technologies together – one complementing the other, creating a unique breadth and depth product capabilities.”
David Vincent (Chief Executive Officer & Co-Founder, smartTrade Group)
“This is great news for TickTrade customers. To have the backing of smartTrade and Hg means we can significantly build on and continue to innovate the products we know our clients highly value. This also offers further opportunities for product collaboration, wider distribution and cutting-edge innovation – meaning we can bring even better services to even more clients.”
Baha Ohcebol (Co-Founder, TickTrade)
smartTrade Technologies provides agile end-to-end trading solutions supporting Foreign Exchange, Fixed Income, Equities and Derivatives asset classes with connectivity to over 130 liquidity providers, aggregation, smart order routing, order management, pricing, distribution, risk management capabilities and a HTML5 user interface. The company works with a variety of clients ranging from banks, brokers and hedge funds to proprietary trading desks.
Visit www.smart-trade.net for more information.
About Hg
Hg is a leading investor in software and services, focused on backing businesses that change how we all do business. Hg has funds under management of around $40 billion, with an investment team of over 140 professionals, plus a portfolio team of around 40 operators, providing practical support to help its businesses to realise their growth ambitions. Based in London, Munich and New York, Hg has a portfolio of over 35 software and technology businesses, worth around $92 billion aggregate enterprise value, with over 55,000 employees globally, growing at over 20% per year.
Visit www.hgcapital.com for more information.
