Optiver invests in physical commodities trader Traxys
Optiver is pleased to announce its investment in Traxys, a global commodities trader with a leading position in metals critical to the energy transition.
Traxys is a mid-sized physical trader that supplies a wide range of customers with commodities across base metals, specialty metals and minerals. The company boasts an operating history spanning more than a century and senior management with 30+ years in the metals industry.
Under the terms of the transaction, Traxys management, together with Optiver, CoLift, an investment firm, and other investors will acquire all of the interests in Traxys held by funds managed by Carlyle and affiliates of Louis M. Bacon, the founder of Moore Capital Management. The transaction is expected to close in May 2023 following receipt of regulatory and other approvals.
A leading global market-maker, Optiver is dedicated to improving markets through competitive pricing, consistent liquidity and sound risk management. As part of this commitment, we form long-term strategic relationships through our Principal Strategic Investments (PSI) arm. PSI seeks out companies linked to our core mission of improving markets, with the aim of imparting our knowledge and philosophy to the companies we invest in.
“We’re pleased to become an investor in Traxys, a global commodities trading firm playing a critical role in the renewable energy transition,” said Jan Boomaars, CEO of Optiver. “As a leading liquidity provider, Optiver has long leveraged our knowledge and expertise to help improve financial markets. With commodities playing an increasingly important role for many investors, we look forward to applying our principles and know-how to bring greater efficiency to the physical commodities markets.”
For more information contact [email protected]
Optiver is a global market maker with offices in Amsterdam, London, Chicago, Austin, Sydney, Shanghai, Hong Kong, Singapore and Taipei. Founded in 1986, today we are a leading liquidity provider, with close to 2,000 employees in offices around the world, united in our commitment to improve the market. By providing liquidity on multiple exchanges across the world in various financial instruments we participate in the safeguarding of healthy and efficient markets. Through our Principal Strategic Investments (PSI) arm, we form long-term strategic relationships with leading companies linked to our core mission of improving markets, with the aim of imparting our knowledge and philosophy to the companies we invest in.