When three ex-Deutsche trade-finance bankers decided to set up LTPTrade in 1999 they had a simple aim. At least it sounded simple. “We started LTPTrade because we believed there was a better way to do trade finance,” says James Parsons, managing director and co-founder of the platform.
He’s right. At the time, secondary market trading in trade-finance assets relied on faxes, phone calls, and knowing the right people. The task for LTPTrade was to make it open and electronic – more like the bond market.
Thanks for your interest in Euromoney!
To unlock this article, enter your e-mail to log in or enquire about access:
