8 years ago
AxeTrading Secures €2 Million Funding from Illuminate Financial Management
AxeTrading, a London-based provider of fixed income trading technology, has raised €2 million in funding from Illuminate Financial Management LLP
The company plans to use the funds to expand its global client base and enhance its buy-side offering
Mark Whitcroft, Partner at Illuminate Financial, has joined AxeTrading's Board of Directors.
ProblemFinancial Services
"It's difficult for financial institutions to get a complete picture of fixed income liquidity, which makes it difficult to make informed trading decisions."
Solution
"AxeTrading provides a platform that aggregates liquidity from different sources, including electronic venues, messaging platforms, and voice channels, so that financial institutions can make more informed trading decisions."