ABEX
ABEX Capital is a London-based algorithmic trading agent for institutional digital asset markets, providing ML-powered execution algorithms on a proprietary ultra-low-latency C++ trading engine. It serves hedge funds, asset managers, quant funds, OTC desks, brokers and prime brokerages via agency execution on volume-based fees.
- Company typePrivate
- Founded2024
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What ABEX does
ABEX Capital is a London-headquartered algorithmic trading agent for digital assets, operating under a multi-entity UK group structure (ABEX Capital Limited parent, with FCA-registered cryptoasset subsidiary ABEX Capital UK Limited and FCA-authorised derivatives subsidiary ABEX UK Derivatives Limited) and a technology-only Hong Kong subsidiary (ABEX HK Limited). The firm serves institutional clients including hedge funds, asset managers, quant funds, OTC desks, brokers, prime brokerages, ECNs and exchanges, and earns revenue through transparent volume-based execution fees on an agency, non-principal basis.
The core technology is a proprietary C++ ultra-low-latency high-frequency trading engine with distributed co-location across venues, paired with machine learning-based execution algorithms that dynamically optimise timing, sizing and placement of child orders within macro strategies (parent order scheduling driven by spread, volatility and momentum) and micro strategies (child-order level execution cost optimisation). ABEX offers an algorithmic strategy suite (TWAP, VWAP, POV, Smart Limit, Maker, Spread Trader), a proprietary Transaction Cost Analysis framework that feeds anonymised execution data into a continuous ML feedback loop, white labelling capabilities and a dark pool. The platform integrates with major venues (Binance, Coinbase, OKX), the Crossover Markets CROSSx ECN, and credit/custody intermediaries (Hidden Road, BitGo Go Network) to provide venue fungibility, net settlement and off-exchange custody.
Go-to-market is primarily institutional enterprise sales supplemented by a channel-partner motion: ABEX distributes through prime brokerage partners (LTP, Hidden Road) and the CROSSx ECN, and offers white-label deployment. The company has secured FCA cryptoasset business registration (FRN 933825), FCA derivatives authorisation (FRN 1033792), SOC 2 Type I certification, CryptoUK membership, $6M in seed funding from MMC Ventures (March 2025), and a strategic investment from Further Asset Management (May 2026).
ABEX firmographics
Firmographics- Name
- ABEX
- Legal name
- ABEX Capital Limited
- Website
- https://abex.capital
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ABEX Capital is a London-based algorithmic trading agent for institutional digital asset markets, providing ML-powered execution algorithms on a proprietary ultra-low-latency C++ trading engine. It serves hedge funds, asset managers, quant funds, OTC desks, brokers and prime brokerages via agency execution on volume-based fees.
- Ownership category
- akta.pro rank
ABEX industry classification
Industry- Product category
- Algorithmic Trading Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Execution Algorithms & Transaction Cost Analytics (TCA) (FSADAJAI)
- akta.pro secondary industries
- Algorithmic Trading & Execution Platforms (FSAFANAN), Centralized Crypto Exchanges (CEX) (FSAPADAA)
Keywords
Where ABEX is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
ABEX business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Execution Fees (Volume-Based): ABEX charges a transparent fee based on executed volume. As an agency execution agent, the firm earns fees proportional to the trading volume it executes on behalf of institutional clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Volume-based execution fee |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
ABEX product offering
Product offeringCore offering
ABEX provides institutional-grade agency algorithmic execution for digital assets through a proprietary ultra-low-latency C++ trading engine with distributed co-location, underpinned by machine learning-driven execution algorithms (TWAP, VWAP, POV, Smart Limit, Maker, Spread Trader). The platform includes a proprietary Transaction Cost Analysis (TCA) framework that creates a continuous feedback loop refining the ML models, plus white labelling capabilities and matched principal execution available via FCA-regulated UK subsidiaries.
Product overview
ABEX is a single unified algorithmic trading platform for digital assets, combining proprietary machine learning models with ultra-low-latency C++ trading infrastructure. The core platform offers an algorithmic strategy suite (TWAP, VWAP, POV, Smart Limit, Maker, Spread Trader) backed by Transaction Cost Analysis for transparency. The offering includes white labelling capabilities and dark pool functionality for institutional partners. ABEX operates through subsidiary ABEX UK Derivatives Limited for FCA-authorised derivatives trading, and the platform integrates with major exchanges (Binance, Coinbase, OKX), ECNs (CROSSx), and prime brokerages (Hidden Road, LTP, BitGo) for venue access and settlement.
Differentiator
Problem solved
Functional benefit
Products and services
- ABEX Algorithmic Trading Platform Institutional-grade agency execution engine offering advanced algorithmic trade execution for digital assets, powered by proprietary machine learning models and quantitative research, delivered through a high-performance C++ trading engine with distributed co-location across venues for institutional buy-side and sell-side clients.
- Algorithmic Strategy Suite (TWAP, VWAP, POV, Smart Limit, Maker, Spread Trader) Suite of execution algorithms including TWAP, VWAP, POV, Smart Limit, Maker and Spread Trader, with proprietary ML-powered underlying execution logic for dynamic timing, sizing and placement optimisation across digital-asset venues.
- Transaction Cost Analysis (TCA) Proprietary Transaction Cost Analysis delivering high-quality execution data and reporting tools that allow institutional clients to make fully informed trading decisions and continuously feed the ABEX ML execution engine.
- White Labelling Capabilities White-label solution enabling institutional partners (prime brokers, OTC desks, platforms) to offer ABEX's algorithmic trading technology to their clients under their own brand.
- Dark Pool Dark liquidity pool for institutional digital-asset trading, supporting ABEX's position at the intersection of traditional finance and digital-asset markets by enabling anonymous block execution.
- ABEX UK Derivatives Limited — Digital Asset Derivatives Trading FCA-authorised subsidiary providing derivatives trading in futures, perpetual contracts and options for digital assets, extending ABEX's ultra-low-latency execution infrastructure to derivatives markets.
- Matched Principal Trading Matched principal execution model enabling trades to be executed on a matched basis under FCA supervision, allowing ABEX to expand its institutional offering beyond pure agency execution.
Quantifiable outcome
- Microsecond responsiveness and tick-to-order latency through C++ trading engine and distributed co-location
- +1 more outcomes
Companies that use ABEX
Customer profileSegments4 records
Ideal customer profiles2 records
ABEX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability4 records
Feature6 records
ABEX partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Hidden RoadcoreABEX and Hidden Road announced a strategic integration enabling ABEX's advanced algorithms to be deployed by Hidden Road's global institutional client base, allowing clients to trade across fragmented digital asset markets with greater precision, reduced cost, and improved transparency.
- Crossover MarketscoreABEX integrated with Crossover Markets' CROSSx ECN, combining ABEX's high-performance agency execution algorithms with the industry's fastest ECN. The partnership provides ABEX clients venue fungibility, net settlement, and off-exchange custody through Crossover's credit intermediaries Hidden Road and BitGo.
- CryptoUKminorABEX joined CryptoUK, the UK's leading trade association for the blockchain and digital asset sector, reinforcing its commitment to transparent, well-regulated growth of digital asset markets in the UK. CryptoUK has over 100 member organisations driving innovation in blockchain technology and digital finance.
- LTPcoreABEX partnered with LTP, a leading institutional prime brokerage for digital asset markets, to make ABEX's algorithmic trading tools available through LTP's global prime brokerage platform. LTP provides access to all major digital asset venues, complemented by custody, leverage and trading tech services.
Scale indicators5 records
Recent moves9 records
Expansion highlights7 records
ABEX competitors and assessment
Company assessmentDirect peers
- Wintermute: One of the largest crypto-native algorithmic trading firms and liquidity providers. While primarily principal, Wintermute's OTC and algo execution offering competes directly with ABEX for institutional digital asset flow.
- GSR: Crypto liquidity provider and algorithmic trading firm offering execution, market making, and OTC services to institutional clients, directly overlapping with ABEX's agency execution and algo offering.
- FalconX: Institutional digital asset prime brokerage offering trading, credit, and execution services, including algorithmic execution to hedge funds and asset managers, overlapping with ABEX's target customers and use cases.
- Talos: Institutional digital asset trading technology provider offering an OMS/EMS with smart order routing and algorithmic execution capabilities to buy-side institutional clients in crypto markets.
- B2C2: Leading crypto liquidity provider and OTC trading firm serving institutional clients with algorithmic pricing and execution, competing for the same institutional execution flow as ABEX.
- Crossover Markets: Operator of the CROSSx institutional-only ECN, already integrated with ABEX. Crossover provides venue, matching, and execution infrastructure with which ABEX's algorithms interact, making it both a partner and a competitor for institutional algo flow.
- Hidden Road: Multi-asset prime brokerage, clearing, and financing platform that distributes ABEX's algorithms to its institutional client base. As a credit intermediary and prime broker, Hidden Road is both a distribution partner and a potential competitor in agency execution services.
Broad incumbents
- Virtu Financial: Large global market maker and execution services provider extending algorithmic execution into crypto via its Virtu Crypto offering, providing institutional-grade execution at much greater scale than ABEX.
- FlexTrade: Established multi-asset execution management system (EMS) vendor with crypto execution capabilities, competing for institutional algo execution workflows that ABEX targets.
- Coinbase Prime: Institutional prime brokerage arm of Coinbase offering trading, custody, and execution services with advanced order types to institutional clients, overlapping with ABEX's institutional target market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
ABEX social profiles
Digital presenceABEX compliance and trust
Trust signalCompliance4 records
ABEX financial estimates
Financial estimateRevenue estimate
Valuation estimate
ABEX leadership team
Management profileNumber of profiles
Profiles1 record
ABEX subsidiaries and ownership
Company hierarchySubsidiaries3 records
ABEX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ABEX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ABEX
What does ABEX do?
ABEX provides institutional-grade agency algorithmic execution for digital assets through a proprietary ultra-low-latency C++ trading engine with distributed co-location, underpinned by machine learning-driven execution algorithms (TWAP, VWAP, POV, Smart Limit, Maker, Spread Trader). The platform includes a proprietary Transaction Cost Analysis (TCA) framework that creates a continuous feedback loop refining the ML models, plus white labelling capabilities and matched principal execution available via FCA-regulated UK subsidiaries.
Is ABEX a public or private company?
ABEX is a private company. It is classified as venture growth investor backed and is currently operating.
When was ABEX founded?
ABEX was founded in 2024. It employs 1 to 10 people.
Where is ABEX based?
ABEX is headquartered in London, United Kingdom, in the Europe region.
How does ABEX make money?
One revenue line is on record: execution Fees (Volume-Based).
Who are ABEX's main competitors?
Direct peers on record are Wintermute, GSR, FalconX, Talos, B2C2, Crossover Markets and Hidden Road. Broad incumbents are Virtu Financial, FlexTrade and Coinbase Prime.
Does ABEX have an API?
No public API is recorded for ABEX.
What industry is ABEX in?
ABEX's product category is Algorithmic Trading Software. Its primary akta.pro industry code is FSADAJAI, Execution Algorithms & Transaction Cost Analytics (TCA), with a secondary code of FSAFANAN, Algorithmic Trading & Execution Platforms. Its NAICS code is 522320 and its SIC code is 6200.