AxeTrading, a London, UK-based provider of fixed income trading technology, raised €2m in funding.
Illuminate Financial Management LLP, made the investment. As part of the investment, Mark Whitcroft, Partner at Illuminate Financial, has joined AxeTrading’s Board of Directors.
The company intends to use the funds to continue to expand its global client base for fixed income liquidity aggregation, bolster its buy-side offering.
Co-founded in 2009 by Ralf Henke, CEO, Dinos Daborn, and Mark Watters, AxeTrading provides AxeTrader, a solution that provides banks, broker-dealers and buy-side firms with a complete picture of fixed income liquidity including axes, runs and quotes – sourced across electronic venues, messaging platforms and voice channels.
The firm also provides clients with tools to support execution and regulatory reporting, including MiFID II.
FinSMEs
08/06/2017