MultiLynq Raises Funding

MultiLynq, a New York-based provider of electronic fixed income trading connectivity and integration solutions, raised an undisclosed amount in growth funding.

The round was led by Citadel Securities and Jane Street Capital.

The company intends to use the funds to enhance the depth and range of services it provides to clients, and expand its presence across the trading community over the next few years.

MultiLynq is a comprehensive service across the credit and municipal markets, providing solutions for any firm trading fixed income electronically, from broker-dealers to hedge funds and asset managers. The company has developed an efficient way to electronically trade fixed income giving the largest trading firms harmonized access to the US trading venues using a high-performance API supporting every trading protocol.