|Founded||1997 (as Wombat Financial Software)|
|Headquarters||San Francisco, California|
|Key People||Jennifer Nayar, CEO|
|Products||Trading and market access technology provider; crypto-asset smart order routing|
Vela is an independent provider of trading and market access technology for global multi-asset electronic trading. It provides software that enables clients to execute on their trading strategies and manage risk across multiple fragmented markets, liquidity pools, and data sources.
Vela’s modular stack is accessed through a single set of trading, data and risk APIs and can be delivered as-a-Service from multiple co-location data centers globally.
With access to more than 200 venues, Vela provides global coverage across all major asset classes. Vela’s clients include traders, market makers, brokers, banks, investment firms, exchanges, and other market participants.
In February 2019, Vela announced that it had partnered with CoinRoutes to extend Vela's services to the crypto-assets realm. The announcement said that through this partnership, Vela's platform would be able to allow its customers to use its electronic trading platform for trading crypto-assets using technology based on CoinRoute's platform, which aggregates the prices of digital assets across 40 popular crypto exchanges.