Dubai-based Sigma Capital Partners MENA has selected TRAFiX to power its institutional order management system and global equity routing, the firms announced Tuesday. The move comes six weeks after Sigma gained London Stock Exchange membership in early July, marking a rapid expansion of the broker’s international equity capabilities. The deployment will unify workflow for Sigma’s agency execution desk serving institutional investors, family offices and wealth managers.
Neither party disclosed contract terms, implementation timelines, connected venues or projected trading volumes. Sigma, operating from Dubai’s DIFC free zone under DFSA regulation since May 2018, holds permissions spanning equities, futures, options, debt and structured products, though only global equities are confirmed for the new OMS. Senior Executive Officer Howard Spooner cited the need for technology that can “quickly flex and scale as client requirements evolve.”
The announcement reflects Dubai’s growing institutional footprint, with DIFC over-the-counter volumes exceeding thirteen trillion dollars in Q4 2025, more than double year-earlier levels.
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** Brokers eyeing Middle East institutional flow should monitor whether Sigma’s multi-asset rollout follows, signaling deeper regional demand beyond derivatives.
Source: Finance Magnates