AxeTrading capitalising on Asian expansion
Since its foundation in 2009 AxeTrading has been a pioneer during the adoption of electronic trading in fixed income. Having established a strong presence in the European market, AxeTrading is now growing its client base across Asia and the rest of the world, helping its clients to over-come the inherent fragmentation in the fixed income market.
AxeTrading, a London-headquartered fixed income trading technology firm, focuses on providing clients with pricing, execution and data workflow tools.
It provides connectivity to trading venues as well as offering data aggregation tools to give clients a single view of liquidity across both voice and electronic markets enabling them to make better informed trading decisions.
Over the past 12 months, AxeTrading has opened offices in Sydney and Singapore to continue to grow its client base in the region and capitalise on increased interest in electronic trading and its product suite.
Dinos Daborn, director and co-founder of AxeTrading, sees huge potential for tools that facilitate electronic trading across Asia.
“Fixed income Etrading is behind the curve in Asia but the market structure is changing rapidly and there is widespread appetite to adopt electronic trading and a growing understanding of the efficiencies it brings,” he says.
Daborn says that the profile of markets across Asia make them well suited to the liquidity discovery tools offered by AxeTrading.
“There isn’t one dominant market in the region, it is all very regional, and that fragmentation leads to the necessity to have technology to aggregate data and be more efficient.”
“As the Asian local bond markets go through a maturing phase, we have seen a need for our clients to look to market themselves internationally. AxeTrading has a number of solutions to help”, adds Kem Husain, Head of Asia Pacific Sales of AxeTrading.
“Another thing we see in Asia is the ambition of local exchanges. They are looking to grow their fixed income presence and have a greater dominance in their market than you see from exchanges in Europe.”
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