Baymarkets

Baymarkets AB was founded in Sweden by Peter Fredriksson and its investors. The founders identified an opportunity for a trading system vendor focussed exclusively on OTC markets, and on linking them with exchanges and clearing houses. OTC markets are often bigger than on-exchange equivalents but are more fragmentary. There are increasing requirements for OTC trading to become more centralised and for trades to be cleared by exchanges and clearing houses. Baymarkets is completely focussed on creating and improving OTC markets and enabling the changes which are occurring in them. Baymarkets’ team has unrivalled experience of voice-traded markets, online marketplaces and how to migrate liquidity between one and the other. Online: Their management includes the Co-Founder and CEO of Cscreen; the most successful wholesale OTC equity derivatives platform in the world. Acquired by NYSE.Euronext in 2005, Cscreen transformed a voice-brokered market to a hybrid voice-electronic bilateral and centrally cleared model. Voice Traded: The Board includes the founder and former CEO of a successful OTC IDB. Getting brokers and traders to use a new trading system is tough unless it’s seen as a trusted platform. It’s important to our clients that our interests are aligned with theirs, and for that reason they are unusual in not being part-owned by any brokerage or bank. We are funded by institutional private equity investment and our founders. Baymarkets is truly neutral. Adoption is everything, and familiarity speeds adoption. EDGE is designed to provide your users with a way of working that replicates as far as possible the manual way they work now, but works better. Our experience tells us that listening to clients, and their customers, and then tailoring a system to precisely fit the market is the key to fast adoption. Baymarkets employs only the brightest and best systems developers, experts in the very latest mission-critical software development techniques. All of their developers are MSc or PhD in Computer Science. Their ability and management’s experience has made EDGE the most functionally rich, scalable, user friendly, open system in its class. It has the 24/7 robustness required by world leading clients such as Cleartrade and Norwegian Stock Exchange.

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