Quantex

What Quantex does

Quantex is an Argentina-based institutional trading platform that operates an all-to-all liquidity network for OTC markets in Latin America. Founded in 2020 and headquartered in Córdoba with operations centered on Buenos Aires, the company connects institutional counterparties including funds, family offices, banks, and brokers through a superbroker-mediated architecture that transforms bilateral OTC trading into multilateral liquidity pools. The platform claims 500+ connected institutional counterparties and counts BYMA (Argentina's primary stock exchange) and multiple local brokers (SC, Becerra Bursatil, Cohen, Cono Sur, GMA, Neix, Cucchiara) as partners.

The core Quantex Trading Platform uses a proprietary Request-for-Quote (RFQ) matching mechanism where superbrokers flash orders across the network, enabling participants to receive multiple quotes and accept the best price. A complementary Quantex Analytics module integrates execution algorithms for trade optimization and position showcasing. The platform emphasizes anonymous trading with full KYC verification of counterparties, addressing asymmetric information problems inherent in bilateral OTC markets. Pricing is undisclosed, quote-based, and tied to multi-year institutional agreements with accredited-investor gating (minimum 500,000 EUR portfolio for UK/EU users).

Quantex generates revenue through transaction and commission fees on trades facilitated through its liquidity network. The company employs 11-50 staff led by three co-founders — Marco Dibo (CEO), Federico Bollo (CTO), and Miguel Echarnier (Head of Commodities) — each with 10 years of experience in electronic and algorithmic trading. It has raised $500,000 in seed funding from BYMA Ventures (May 2022) and is privately held with no disclosed institutional investors beyond BYMA. The company self-imposes geographic restrictions, excluding residents of the EU, Switzerland, Liechtenstein, Russia, the UK, and China.

Name

Quantex

Legal name

Quantex

Website

https://quantex.exchange

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Quantex is an Argentina-based institutional trading platform that operates an all-to-all RFQ liquidity network connecting 500+ counterparties for OTC trading across Latin American markets, generating revenue through transaction fees.

Ownership category

akta.pro rank

Product category

Institutional OTC Trading Platform

NAICS

Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Liquidity Infrastructure (RFQ, order-book engines, matching, liquidity-as-a-service) (FSAPADAI)

akta.pro secondary industries

Derivatives Liquidity Provision, Market Making & RFQ Desks (FSADAGAJ), Market Makers & Liquidity Providers (OTC/prop/MM) (FSAPADAD)

Keywords

• Institutional trading platform
• OTC liquidity network
• Emerging markets trading
• All-to-all trading
• RFQ matching system

Headquarters

HQ city

Córdoba

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Liquidity Network Fees: Quantex generates revenue by facilitating OTC trades between institutional counterparties, likely charging transaction or commission fees based on trading volume through their liquidity network platform

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Quantex is an institutional OTC trading platform that connects over 500 institutional counterparties through an all-to-all liquidity network using RFQ (Request for Quote) mechanisms and superbroker connectivity. The platform enables KYC-compliant, anonymous trading of fixed income, currencies, equities, and commodities in emerging markets, with sophisticated execution algorithms that allow participants to streamline operations and showcase positions.

Product overview

Quantex offers a unified institutional trading platform designed for OTC markets. The core Quantex Trading Platform enables all-to-all trading through a superbroker system where counterparties can connect via RFQ mechanisms, providing anonymous trading with KYC-verified participants. This core platform is supplemented by Quantex Analytics, which integrates execution algorithms to help participants optimize operations and liquidity provision. Together, these products aim to reduce asymmetric information risks and improve capital market efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

• Quantex Trading Platform Proprietary institutional liquidity network and trading platform for OTC traders in emerging markets, enabling all-to-all trading through a superbroker system that connects counterparties via RFQ mechanisms for anonymous trading with KYC-verified participants across fixed income, currencies, equities, and commodities.

Quantifiable outcome

• Execution cost reduction - testimonial from traders confirming reduced execution costs
• +1 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• BYMA (Bolsa y Mercado Argentinos)coreOthersArgentina's primary stock exchange operating as a trading partner/counterparty on Quantex's liquidity network. BYMA provides the underlying market infrastructure for securities trading in Argentina.
• Estructura FinancieraminorOthersFinancial services firm appearing as a counterparty on Quantex's platform, participating in the liquidity network.
• SC (Sociedad de Bolsa)coreChannel Partner/ Reseller/ DistributorBroker/dealer firm acting as a superbroker within the Quantex network, providing connectivity to broader counterparty base and liquidity aggregation services.
• Becerra BursatilminorOthersFinancial services firm operating as a counterparty on the Quantex trading platform.
• CohenminorOthersFinancial services firm participating in Quantex's liquidity network.
• Cono SurminorOthersRegional financial services firm appearing as a counterparty on the platform.
• GMAminorOthersFinancial services counterparty on the Quantex platform.
• NeixminorOthersFinancial services firm operating as a trading counterparty.
• CucchiaraminorOthersFinancial services firm appearing as a counterparty on Quantex's liquidity network.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Euronext FX (formerly FastMatch): Euronext's FX venue provides electronic matching and anonymous execution for institutional FX trading, sharing Quantex's core architecture of KYC-compliant, anonymous, all-to-all liquidity.
• MarketAxess: MarketAxess operates one of the leading electronic trading platforms for institutional fixed-income OTC markets, using RFQ and all-to-all protocols — directly comparable to Quantex's institutional OTC liquidity-network model, though at much larger global scale.
• Liquidnet: Liquidnet operates an institutional block-trading network with anonymous matching for large orders — a closely analogous all-to-all liquidity-pool model for institutional traders.
• BIDS Trading: BIDS Trading runs an institutional block-trading network emphasizing size discovery and anonymity — comparable to Quantex's anonymous, KYC-compliant liquidity-matching model.
• Sigma X (DRW): Sigma X is an institutional electronic FX liquidity venue operated by DRW, offering anonymous, all-to-all matching for KYC-verified participants — closely analogous to Quantex's OTC architecture.
• Fenics (Euronext): Fenics provides electronic trading and analytics for institutional derivatives markets, mirroring Quantex's combined RFQ trading + execution-analytics offering.

Broad incumbents

• Tradeweb Markets: Tradeweb is a global institutional electronic trading operator across rates, credit, and equities with deep RFQ and request-for-stream capabilities. It is a broad incumbent in the same institutional OTC electronification space Quantex targets.
• ITG POSIT (Virtu Financial): Virtu's POSIT platform is a global institutional liquidity network with anonymous matching; a broad incumbent offering overlapping capabilities to Quantex's RFQ/all-to-all product.
• MTS Group (Euronext): MTS operates electronic trading venues for fixed-income markets across Europe, offering institutional RFQ and order-book functionality directly comparable to Quantex's RFQ matching.

Emerging players

• Tradable: Tradable is an emerging platform building institutional trading connectivity and liquidity tools; overlaps with Quantex in serving the buy-side with multi-venue access and execution workflow tooling.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quantex