Our deep understanding of the operating model of Derivative Markets enabled our client to raise funds through our contacts and launch its products
Company
London Derivatives Exchange
DATEs
since April 2013
STATUS
Ongoing
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London Derivatives Exchange (LDX) had a platform, a good idea, but needed capital, the transformation of that idea into a product, a clearing partner and a route to market. We were able to provide all of these. Through our relationships with well know global derivatives exchanges, and investment banks, a significant 7 figure sum was raised on little more than a business plan. Over the next 2 years a platform and clearing solution was built, whilst HandlePort took on the relationships with the vendors. The end result was a product successfully launched. Subsequently these products were listed on Deutsche Bourse.
LDX is now going through a second phase of it’s life, having completed a management buyout, including HandlePort it has reinvented itself as a digital assets exchange and capital raising platform replacing its technology platform and creating a ground breaking smart contract. With a focus on corporate actions on the blockchain and making a digital security that is capable of being utilised by the wholesale market LDX is once again on a growth curve.
What we’ve accomplished:
1.
Helped our client raise significant 7 figure sums through long term contacts we held in the market.
2.
Developed products including
patent applications in the US, and cleaning of historical market data.
new Smart Contract that allows all corporate actions from dividend distribution to
3.
Designed a novel execution and clearing methodology that has allowed our client to have a simple and approved regulatory oversight, despite falling under 3 different jurisdictions.