Since Baymarkets launched its flagship OTC trading platform âEdgeâ six months ago, Baymarkets' has expanded rapidly. The additional capital provided by KTH Chalmers will enable the company to further expand both its Stockholm office, and to establish a international presence in the major financial centres.
Jakob SvÃ¤rdstrÃ¶m is Managing Partner of KTH Capital and is joining the board of Baymarkets. SvÃ¤rdstrÃ¶m comments :
âBaymarkets has a superior product addressing a large and fast growing market, an experienced team and very satisfied customers. We are proud and happy to become a lead investor in the company, and are looking forward to taking an active part in the further development of its business.â
Peter Fredriksson, CEO of Baymarkets comments:
âWe are very pleased to have KTH Chalmers Capital as a new major shareholder. KTH Chalmers Capital brings us financial strength, a strong brand name, an extensive network and has a proven track record of building fast-growing international software companies.