Sigma Capital Partners MENA Limited has selected TRAFiX’s order management system to support a new institutional trading capability, initially providing access to global equities markets.
The Dubai International Financial Centre-based broker will use the platform to give clients streamlined access to global equities through a single OMS. The companies plan to extend the offering to futures and options at a later stage.
TRAFiX told TradingTech Insight that the deployment is not replacing an incumbent platform but represents a new capability for Sigma Capital Partners MENA. The vendor cited its breadth of expertise, multi-asset capabilities and service flexibility as the principal factors behind its selection.According to the companies’ announcement, the platform will support the continued expansion of Sigma’s institutional brokerage franchise in the Middle East and North Africa, while allowing it to broaden its market and asset-class coverage for an increasingly international client base.
“We are delighted to support Sigma Capital Partners as it expands its MENA and international presence,” said Michael Ottrando, managing director and global head of sales at TRAFiX, adding that clients “need more than technology alone”.
TRAFiX describes its OMS as a configurable platform combining order management with middle-office trade confirmation and allocation, integrated risk controls and global FIX connectivity. Its network links clients to execution venues, brokers, clearing firms and third-party systems. The vendor says it supports more than 400 clients worldwide.
Howard Spooner, senior executive officer at Sigma Capital Partners MENA, said the firm’s growth strategy brings together experienced execution staff, trading technology and customer service.
TRAFiX provides Sigma with global market access and connectivity as well as multi-asset execution functionality, Spooner said. He also highlighted the vendor’s ability to adapt and scale the platform as Sigma’s requirements develop.
According to TRAFiX, the initial measure of success will be client acquisition. Sigma is targeting sophisticated market participants in MENA and expects the expanded execution capability to help it grow that client base.
The implementation follows Sigma Capital Partners MENA’s admission as a new London Stock Exchange member firm in July 2026. The move provides additional context for Sigma’s push to extend its international execution reach.
Sigma Capital Partners MENA has been licensed by the Dubai Financial Services Authority since 2018. Its permissions cover dealing as agent in shares, futures, options and other investment products. Its principal-dealing permission is restricted to matched-principal transactions, according to the DFSA register.
The Dubai operation sits alongside Sigma’s businesses in London and North America and provides agency execution services to institutional investors, family offices and wealth-management clients.
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