# Quantum X announces binding letter to acquire 80% of TraderMade

_Published Wednesday, October 7, 2026 at 2:07 AM EDT · Products · Latest · Tier 2 — Notable_

Quantum X announced a binding letter of intent on October 6 to acquire an 80% stake in institutional market data provider TraderMade Systems, The Tech Edvocate reported. The proposed acquisition would give Quantum X a majority stake in a business supplying real-time and historical financial information.

TraderMade has three decades of financial data. Quantum X intends to integrate those datasets with its artificial intelligence and quantitative technologies. The announcement concerns a binding letter of intent rather than a completed acquisition.

## Sources

- [The Tech Edvocate](https://www.thetechedvocate.org/quantum-x-inc-announces-binding-letter-of-intent-to-acquire-80-of-institutional-market-data-provider-tradermade-systems-ltd/)

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Canonical: https://techandbusiness.org/newswire/lnazG8XOGudz87k0t7OQEJ
Published: 2026-10-07T06:07:32.875Z
Story chronology: 2026-10-06T00:00:00.000Z
Retrieved: 2026-10-07T08:12:25.964Z
Publisher: Tech & Business (techandbusiness.org)