
Octopus invests £1.6m in Vega-Chi
Octopus Investments has provided UK online trading platform Vega-Chi with £1.6m of growth capital funding.
Launched in February 2010, Vega-Chi enables institutional investors to trade convertible and high-yield bonds directly with each other without having to go through intermediaries. Vega-Chi has 65 participant firms and has received orders in excess of $20 billion since inception.
The fresh funds will allow the company to expand its products and regional footprint in electronic trading for fixed income products.
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