Digital Vega FX is a market leader in the OTC FX options marketplace, offering client-driven focus and unparalleled liquidity. Established in 2009 in the City of London, the company collaborates with a diverse group of buy-side clients, including hedge funds, private and regional banks, asset managers, and agency brokers. The provided liquidity is by 14 major Banks, with 3 more joining in 2018.
The Medusa Buy Side trading platform offers indicative pricing, aggregated, executable streamed liquidity, and detailed post-trade analytics. Additionally, the Liquidity Hub Interbank addresses banks' focus on cost and efficiency improvements, evolving into a fully electronic CLOB for Options. Digital Vega has introduced a maker/taker brokerage model to attract liquidity.
Moreover, to cater to the increasing demand from private banks, Digital Vega is developing a comprehensive exotic option/structured product white label solution and is collaborating with a Tier 1 Private Bank in Switzerland to deliver this solution in Q3 2018. The company plans to open a sales and development office in Singapore, followed by a US office in early 2019. Lastly, Digital Vega is spearheading the provision of a robust FX option market data solution to meet best execution requirements, in collaboration with a group of major banks.
The company received its Series A investment at 01 January 2012 from Deutsche Borse and State Street Corporation.
Digital Vega's strategic positioning and innovative solutions make it a compelling player in the OTC FX option trading landscape. Its ability to adapt to market needs and collaborate with major financial institutions positions it for continued success and growth.
