July 29, 2016 12:54 PM ET

Diversified Financial Services

Company Overview of AX Trading Group, Inc.

Company Overview

AX Trading Group, Inc. operates an independent alternative trading system that enables professional traders to connect and trade with one another to find liquidity in tough-to-trade situations. The company conducts ‘trader initiated call auction’ where buy and sell orders are matched together at a point in time at a single clearing price. The company was incorporated in 2010 and is based in New York, New York.

1501 Broadway

12th Floor

New York, NY 10036

United States

Founded in 2010

Phone:

203-216-1288

Key Executives for AX Trading Group, Inc.

Chief Executive Officer and Director
President, Secretary, and Director
Chief Financial Officer
Chief Technology Officer
Compensation as of Fiscal Year 2016.

AX Trading Group, Inc. Key Developments

AX Trading Announces the Launch of AXioi

AX Trading announced the launch of AXioi, the industry's open and integrated actionable IOI (Indication of Interest) solution. AXioi allows broker-dealers to stream actionable liquidity to targeted buyside counterparties and for those buyside firms to interact with that liquidity seamlessly in a secure environment. AXioi is integrated with IOI messaging systems such as Autex and Bloomberg and also offers an open API to integrate with buyside and sellside OMS/EMS systems. Buyside traders want easier ways to interact with and manage the hundreds of liquidity opportunities that are presented to them every day. AXioi is designed to help facilitate those transactions. Broker-dealer users of AXioi can send live, firm orders to AXioi, which then triggers actionable IOIs. The AXioi "hub" has access to real-time market data and also a database of 5,000 buyside traders at 2,000+ firms in the U.S. alone. AXioi can update the order and the IOI based on live market data and deliver it electronically to the buyside counterparties selected by the broker. For their part, buyside traders know exactly the nature of the liquidity that is being presented to them and can access it seamlessly and electronically via their OMS/EMS. Traditionally, sellside brokerage firms sent "Indications of Interest" (IOIs) to their buyside customers. These were electronic messages often sent on IOI messaging systems such as Autex and Bloomberg or streamed via FIX into the buyside OMS/EMS system. The goal of AXioi is to make the "upstairs" trading market more transparent, more centralized, more standardized and more data driven while not in any way diminishing the relationships or the economics that currently exist between brokers and their customers.

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