Edgewater Markets Company Profile

Background

Edgewater Markets, established in 2009, is a leading provider of electronic foreign exchange (FX) trading solutions and liquidity aggregation services for global institutional clients. The company's mission is to empower financial institutions with modern FX trading technology, optimizing trading strategies, reducing operational risk, and automating workflows. With a presence across five continents, Edgewater Markets combines local market expertise with advanced technology to deliver tailored solutions that enhance competitiveness and efficiency in the FX market.

Key Strategic Focus

Edgewater Markets specializes in delivering customizable FX trading platforms and liquidity solutions. Their core objectives include:

Modern Technology: Developing feature-rich, easy-to-integrate, and highly customizable trading solutions.

Local Expertise: Leveraging on-the-ground presence and multilingual support to cater to diverse client needs.

Superior Liquidity: Building unique liquidity pools that balance price discovery with minimal market impact.

Conflict-Free Operations: Maintaining a business model that avoids selling client data or trading against clients.

The company targets a broad range of markets, including deliverable foreign exchange, precious metals, and non-deliverable forward currencies, with a particular emphasis on emerging markets in Asia and Latin America.

Financials and Funding

In March 2016, Edgewater Markets secured a $30 million growth equity investment from FTV Capital. This funding aimed to enhance the company's technology platform and expand its global footprint. As of 2025, the company reports an estimated annual revenue of $16 million and employs approximately 80 individuals.

Technological Platform and Innovation

Edgewater Markets distinguishes itself through its proprietary technological platforms:

EdgeFX: A flexible electronic trading solution designed to improve trading strategies and automate workflows in the FX markets.

EdgeFX Custom: A customizable platform that allows clients to integrate their own brand, workflows, and user experience.

These platforms offer advanced execution algorithms, straight-through processing, and seamless integration with existing systems, providing clients with efficient and low-cost FX electronic execution solutions.

Leadership Team

Edgewater Markets' leadership comprises seasoned professionals with extensive experience in FX trading and technology:

Skovran Schreder: Co-Founder & Chief Executive Officer

Alessandro Scarsini: Co-Founder & President

Matt Kassel: Chief Operating Officer

Brian Andreyko: Chief Product Officer

Jose-Antonio Buenaño: Head of Sales Americas

Robert Sanchez: Managing Director & Head of LatAm

Emanuel Georgouras: Chief Executive Officer UK

Chan Chong San: Managing Director APAC

Jeff Johnson: Chief Accounting & Control Officer

Nate Arenchild: Global Head of Operations & Client Services

Ben Rogan: Head of Compliance, Edgewater Markets Ltd.

Raisa Roche: Administrative Officer

Leadership Changes

In June 2025, Edgewater Markets appointed Paul Allmark as Chief Technology Officer. Allmark brings extensive experience from his tenure at CME and NEX, positioning the company to further enhance its technological capabilities.

Competitor Profile

Market Insights and Dynamics: The electronic FX trading industry is characterized by rapid technological advancements and increasing demand for efficient, low-cost trading solutions. The market is competitive, with numerous players offering a range of services from liquidity aggregation to customized trading platforms.

Competitor Analysis: Edgewater Markets faces competition from several key players:

US FOREX: Specializes in online foreign exchange services, offering competitive rates and a user-friendly platform.

CurrencyFair: Provides peer-to-peer currency exchange services, focusing on cost-effective international money transfers.

PayPal: A global leader in online payments, offering a range of financial services including currency exchange.

These competitors vary in focus, with some emphasizing retail services and others targeting institutional clients, similar to Edgewater Markets.

Strategic Collaborations and Partnerships

Edgewater Markets has engaged in strategic collaborations to enhance its service offerings:

Integration with Gold-i: In February 2025, Edgewater Markets integrated with Gold-i, a leading trading technology provider, to expand its liquidity distribution channels.

Partnership with A3 Mercados S.A.: In June 2025, the company partnered with the Argentinian Electronic FX Exchange to provide strategic FX connectivity initiatives, strengthening its presence in the Latin American market.

Operational Insights

Edgewater Markets' strategic considerations include:

Market Position: Maintaining a strong presence in both developed and emerging markets through localized expertise and tailored solutions.

Competitive Advantages: Offering customizable, technology-driven trading platforms that integrate seamlessly with clients' existing systems, coupled with a conflict-free business model that prioritizes client success.

Strategic Opportunities and Future Directions

Looking ahead, Edgewater Markets aims to:

Expand Technological Capabilities: Continue enhancing its trading platforms with advanced features and integrations to meet evolving client needs.

Grow Global Footprint: Further establish its presence in emerging markets, particularly in Asia and Latin America, by leveraging local expertise and forming strategic partnerships.