The Indonesia Stock Exchange (IDX) has teamed up with AxeTrading to deploy an electronic platform for bond trading on the secondary market.
Recent investment from funding round will be used to expand the global footprint of fixed income software provider AxeTrading.
Mosaic Smart Data’s MSX analytics platform will be available to clients of AxeTrading’s fixed income EMS.
AxeTrader EMS users will gain access to Overbond’s AI pricing analytics platform for insights into various securities.
Users of the AxeTrader EMS will gain access to around $30 billion of daily global liquidity in credit, rates and emerging market bonds through partnership with UBS Bond Port.
AxeTrading will provide technology to the Indonesia Stock Exchange as it implements a new electronic bond trading platform.