Octopus invests in Vega-Chi electronic trading platform

London-based investment management company Octopus has announced an investment of £1.6m into Vega-Chi, the first electronic trading platform dedicated to European convertible and high-yield bonds.

Vega-Chi enables institutional investors to trade convertible and high-yield bonds directly with each other without having to go through intermediaries.

It provides an alternative pool of liquidity where participants can achieve best price execution, transaction cost savings, improved liquidity and anonymity.

Furthermore, the Vega-Chi trading system offers full pre-trade and post-trade transparency and access to full historical data, allowing investment managers to make better informed decisions.