

Announcing in April 2016 that it had chosen Cinnober for risk monitoring across all of its markets, Japan Exchange Group joined a growing list of prominent exchange organizations relying on the Stockholm-based company's TRADExpress technology. Brazil's BM&FBovespa, LME Clear in London, the Dubai Gold & Commodities Exchange, and Johannesburg Stock Exchange are among longer-standing users of Cinnober's clearing and risk management solutions.
The 19-year-old company, headed since 2012 by Veronica Augustsson, now touts "multi-asset solutions across the entire transaction chain." NYSE Regulation turned to Cinnober and its frequent partner Scila for its market surveillance system; the London Bullion Market Association has chosen Cinnober's Boat Services for trade reporting and transparency; and TRADExpress as a Service will power the International Property Securities Exchange, which expects to launch this year. The last, also relying on Scila's surveillance technology, has "the potential to revolutionize the commercial real estate market," says CEO Augustsson, 38. In what Cinnober termed a midsize deal, revealed on February 2, the company will be supplying its real-time clearing system to a new, as yet unnamed Asian marketplace, signifying "continuous attention from new ventures and consortiums with a need for our refined posttrade knowledge and modular technology," Augustsson says.
![]() 2. Chris Isaacson Bats Global Markets ![]() 3. Bradley Peterson Nasdaq ![]() 4. Brad Levy MarkitSERV ![]() 5. Dan Keegan Citi |
![]() 6. Glenn Lesko Bloomberg Tradebook ![]() 7. Bryan Durkin CME Group ![]() 8. Mayur Kapani Intercontinental Exchange ![]() 9. Mike Blum KCG Holdings ![]() 10. Raj Mahajan Goldman Sachs Group |
![]() 11. Ronald DePoalo Fidelity Institutional ![]() 12. Nick Themelis MarketAxess Holdings ![]() 13. Jenny Knott NEX Optimisation ![]() 14. Billy Hult Tradeweb Markets ![]() 15. Rob Park IEX Group |
![]() 16. Bill Chow & Richard Leung Hong Kong Exchanges and Clearing ![]() 17. John Mackay (Mack) Gill MillenniumIT ![]() 18. Paul Hamill Citadel Securities ![]() 19. Eric Noll Convergex ![]() 20. Veronica Augustsson Cinnober Financial Technology |
![]() 21. Tyler Moeller & Joshua Walsky Broadway Technology ![]() 22. Alasdair Haynes Aquis Exchange ![]() 23. Gaurav Suri Arcesium ![]() 24. Manoj Narang Mana Partners ![]() 25. Michael Chin & Neill Penney Thomson Reuters |
![]() 26. Robert Sloan S3 Partners ![]() 27. Anton Katz & Stephen Mock AQR Capital Management ![]() 28. Donal Byrne Corvil ![]() 29. Stu Taylor Algomi ![]() 30. Alfred Eskandar Portware |
![]() 31. Steven Randich Financial Industry Regulatory Authority ![]() 32. R. Cromwell Coulson OTC Markets Group ![]() 33. Peter Maragos Dash Financial ![]() 34. John Fawcett Quantopian ![]() 35. Donald Ross III PDQ Enterprises |
![]() 36. Jennifer Nayar Vela Trading Technologies ![]() 37. Dan Raju Tradier ![]() 38. Susan Estes OpenDoor Trading ![]() 39. David Mercer LMAX Exchange ![]() 40. Oki Matsumoto Monex Group |