Proof of Usefulness Report

Matrix Executions

Analysis completed on 2/8/2026

+577
Proof of Usefulness Score
Industry Mainstay

Matrix Executions is a verifiable, established Chicago-based brokerage firm with estimated annual revenues of ~$12.5M and significant market traction (executing millions of contracts). However, the submission quality is critically low, featuring inaccurate placeholder text (e.g., 'most people have used my product', audience: 'everyone') and mislabeled financial data. The final score places the project in the 'Large Scale' bracket due to verified real-world fundamentals, but includes a substantial penalty for the failure to provide credible evidence within the submission itself.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+60.0
Technical Innovation+127.5
Evidence Of Traction+127.5
Market Timing Relevance+75.0
Functional Completeness+5.0
Subtotal+620
Usefulness Multiplierx0.93
Final Score+577

Project Details

Project URL
matrixexecutions.com
Description
Headquartered in the heart of Chicago, Matrix Executions was founded in 2018 by a team of industry veterans, seasoned derivatives traders, and trading technology innovators. Since then, Matrix Executions has become synonymous with cutting-edge, bespoke trading technology, superior execution & order routing, exceptional liquidity access, and dedicated white-glove service. In today’s fragmented, dynamic markets, Matrix leverages its team's 30+ years of expertise in the electronic options landscape to help clients remain agile and efficient. Our offering is rooted in our experience, our tenacity, and our best-in-class assets. In the convergence of technology innovation, expert brokerage services, and deep industry knowledge, Matrix stays true to its mission of delivering sophisticated trading solutions for today's (and tomorrow's) sophisticated trading professionals.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline