The leading exchange for bond trading in Germany and the international provider of fixed-income e-trading technology solutions are thus laying the foundation for long-term and close cooperation.

With new connectivity and execution management solutions, AxeTrading will support Boerse Stuttgart in further optimizing processes in bond trading and providing customers with new services.

“In addition to innovative technology to reduce complexity, AxeTrading also offers many years of experience and an international network with which we can further increase the reach of Boerse Stuttgart in bond trading and complement each other,” says Michael Görgens, Managing Director Fixed Income and eSalestrading at Boerse Stuttgart.

In bond trading, order book liquidity is a decisive factor for trading quality. Here, Boerse Stuttgart focuses on retail investors with its established hybrid market model. At the same time, it serves professional clients as an alternative trading venue for small-sized orders, where the various liquidity pools are successfully merged.

For AxeTrading, the system partnership with Boerse Stuttgart marks the firm’s entry into the German fixed-income market.

“We are pleased to win a customer in our second home market as well, because our software development is carried out exclusively in Germany. We also like the innovative spirit of Boerse Stuttgart in the bond sector, so we are looking forward to a long-term and successful partnership as an innovative company,” says Ralf M. Henke, CEO of AxeTrading Ltd.

With its headquarters in London and the Innovation Centre in Magdeburg, AxeTrading has established itself as an international software provider for electronic bond trading. Customers include leading regional banks to support their market maker functions in various electronic markets, as well as asset management firms and agency brokers using the firm’s flagship fixed income EMS product. AxeTrading currently serves customers on four continents.

Source: Boerse Stuttgart