Building a new derivatives exchange for Brazil is an ambitious undertaking, and A5X just secured $70.0M to do it. The company aims to unlock the next cycle of development in the Brazilian market, leveraging a partnership with the London Stock Exchange Group (LSEG) for world-class technology.
A5X positions itself as an asset-light platform, free of legacy systems, which it says will provide agility for innovation, superior time-to-market, and a more transparent and competitive pricing model. The new exchange is focused on raising industry standards through efficiency and transparency.
