<img width="600" height="578" src="https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE-600x578.png" class="attachment-woocommerce_single size-woocommerce_single wp-post-image" alt="" title="GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE.png" data-caption="" data-src="https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE.png" data-large_image="https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE.png" data-large_image_width="642" data-large_image_height="618" decoding="async" fetchpriority="high" srcset="https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE-600x578.png 600w, https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE-400x385.png 400w, https://www.greyspark.com/wp-content/uploads/2025/10/GSP-Market-Map-Sellside-Equities-Agency-Trading-FEATURE-IMAGE.png 642w" sizes="(max-width: 600px) 100vw, 600px">

Market Map: Sellside Equities Agency Trading Solutions

This report is an analysis of Sellside Equities Agency Trading Solutions. GreySpark has analyzed 11 vendor products so that readers of the report not only develop a broad understanding of the marketplace but also remain abreast of any new advances and hence can react quickly to change and take fact-based decisions.

Published on: 9 Oct, 2025

Login

Register

At a Glance
Table of Contents

Description

The trading industry is undergoing a shift from simple automation to intelligent automation, embedding traders’ expertise into execution systems while leveraging data as a strategic asset for monetisation. Market dynamics such as investment bank profitability, broker consolidation and structural changes in market microstructure are driving demand for scalable, technology-enabled solutions, with SaaS and managed services gaining traction. Meanwhile, vendor landscapes are reshaping through consolidation, exits of major players and the rise of specialist providers offering best-of-breed solutions tailored to specific trading needs.

Related content

All Related Trends in Equities 2025 Related Buyer's Guide: Sellside Cash Equities OEMS 2022 Related Trends in Equities Trading 2022 Related Trends in Equities Trading 2020

<img decoding="async" width="700" height="700" src="https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE.jpg" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE.jpg 700w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-140x140.jpg 140w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-400x400.jpg 400w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-600x600.jpg 600w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-150x150.jpg 150w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-60x60.jpg 60w, https://www.greyspark.com/wp-content/uploads/2025/02/Trends-in-Equities_Trading_2025_FEATURE-IMAGE-90x90.jpg 90w" sizes="(max-width: 700px) 100vw, 700px">

Trends in Equities 2025

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022.png 1000w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-100x100.png 100w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-500x500.png 500w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-350x350.png 350w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-800x800.png 800w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2022/12/Feature-Trends-in-Equities-Trading-2022-150x150.png 150w" sizes="(max-width: 1000px) 100vw, 1000px">

Trends in Equities Trading 2022

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206.png 1000w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-100x100.png 100w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-500x500.png 500w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-350x350.png 350w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-800x800.png 800w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2022/06/Feature-BG-Sellside-Cash-Equities-OEMS-2022-2206-150x150.png 150w" sizes="(max-width: 1000px) 100vw, 1000px">

Buyer’s Guide: Sellside Cash Equities OEMS 2022

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020.png 1000w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-150x150.png 150w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-100x100.png 100w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-500x500.png 500w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-350x350.png 350w, https://www.greyspark.com/wp-content/uploads/2020/06/Feature-Trends-in-Equities-Trading-2020-800x800.png 800w" sizes="(max-width: 1000px) 100vw, 1000px">

Trends in Equities Trading 2020

Our latest reports

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE.png 1000w, https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2026/07/GSP-Market-Map-Sellside-Securities-Back-office-Solutions-2026-FEATURE-IMAGE-150x150.png 150w" sizes="(max-width: 1000px) 100vw, 1000px">

Market Map: Sellside Securities Back-office Solutions 2026

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions.png 1000w, https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2025/07/Feature-Trade-and-Communications-Surveillance-Solutions-150x150.png 150w" sizes="(max-width: 1000px) 100vw, 1000px">

Market Map: Trade and Communications Surveillance Solutions

<img decoding="async" width="1000" height="1000" src="https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions.png 1000w, https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions-768x768.png 768w, https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions-400x400.png 400w, https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions-600x600.png 600w, https://www.greyspark.com/wp-content/uploads/2025/06/Feature-Reconciliations-Solutions-150x150.png 150w" sizes="(max-width: 1000px) 100vw, 1000px">

Market Map: Reconciliation Solutions 2025

<img decoding="async" width="632" height="631" src="https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980.png" class="nectar-post-grid-item-bg__media wp-post-image" alt="" srcset="https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980.png 632w, https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980-140x140.png 140w, https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980-400x399.png 400w, https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980-600x599.png 600w, https://www.greyspark.com/wp-content/uploads/2025/06/GSP-Market-Map-Wealth-Management-Solutions-FEATURE-IMAGE-e1750685207980-150x150.png 150w" sizes="(max-width: 632px) 100vw, 632px">

Market Map: Wealth Management Solutions 2025

Table of Contents

Understanding the Value Chains
Key Market Trends
Vendor Landscape
Sellside Equities Agency Trading Solutions – Vendor Profiles
- Broadridge: Agency Trading; Tbricks; Managed Connectivity Solution
- Exegy: Metro Execution Gateways & DMA Platform
- FIS: Valdi; Cross-Asset Trading & Risk Platform
- FlexTrade: FlexOMS; FlexTrader
- Horizon TS: Horizon Platform
- ION Group: Fidessa; Dash Financial; XTP Execution
- Instinet: Instinet Newport
- Iress: IOS Classic; IOS+; Iress Pro
- Quod Financial: Adaptive Multi Asset Trading Platform (AMP)
- Trading Technologies: TT Platform; TT OMS
- TRAFiX: OEMS; Managed FIX Routing Solutions; TRAFiX API; Risk & Compliance Controls