Mantara Receives Equity Financing from UBS Investment Bank

Mantara, Inc., a Jersey City, NJ-based provider of advanced technology solutions for high-frequency trading, has received a strategic investment of undisclosed amount from UBS Investment Bank.
In addition, Michael Chin has been appointed as CEO of the company.
Mantara delivers low-latency trading solutions coupled with risk management capabilities to both buy- and sell-side institutions. 
In particular, the company is receiving a rising demand for its expressWay™ product suite, which aims to provide the high-speed performance, reliability, flexibility and scalability demanded by today’s traders.

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