Vega-Chi

Founded in 2008, Vega-Chi created and operated the first centralized, anonymous, and MiFID-compliant electronic marketplace for institutional trading of convertible bonds. The company's mission was to bring greater efficiency, liquidity, and transparency to the traditionally opaque and voice-brokered convertible bond market. In September 2014, Vega-Chi was acquired by Liquidnet, a global institutional trading network, to integrate its platform and fixed income expertise. Following the acquisition, the Vega-Chi brand and standalone operations were phased out.