Global bank ING Group has partnered with Tradeteq for commodity trade finance.
ING will distribute Tradeteq’s commodity trade finance exposures to non-bank institutional investors.
Tradeteq operates the trade finance industry’s first electronic platform.
The platform allows banks to package their exposures into standardised, investable notes for non-bank investors.
What does this mean?
ING’s bank and non-bank institutions have all joined the Tradeteq platform to begin trading. The end to end solution will provide for portfolio management and trading automation, risk analytics and securitisation-as-a-service.