PROJECT

Projects

Summary of Investment Information

Project Number

42148

Company Name

AXE TRADING

Date SPI Disclosed

Mar 4, 2020

Country

World Region

Region

Global

Projected Board Date

Apr 3, 2020

Environmental Category

C - No Impact

Status

Active

Last Updated Date

Jun 12, 2021

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : May 1, 2020
Signed : Jun 24, 2020
Invested : Jul 9, 2020

Sector

Other

Project Description

 The project is an equity investment of up to US$5 million in AxeTrading Limited (the “Company”), a business-to-business software developer focused on providing capital market solutions in electronic trading of fixed income (“FI”) securities. The Company, founded in 2009 in London, serves local bond markets in emerging market countries, providing high-quality software solutions at a competitive price, including: a) an FI execution management system for wholesale- and retail-trading for local banks, brokers and investment managers and b) a wholesale FI market-making for local exchanges. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation