About The Australian Bond Exchange
The Australian Bond Exchange (ABE) is Australia’s pre-eminent marketplace for investing in fixed income securities.
Founded in 2015, ABE enables private investors, brokers, financial advisers, and other market participants to benefit from investment in debt issued by leading financial, industrial, resources, and technology companies.
ABE’s services offer enhanced certainty, flexibility and transparency in Australian bond investing and opportunities for increased investment portfolio risk management and diversification. ABE is uniquely placed to offer a full suite of services including trading, settlement, and custodial services for Australian bonds and a comprehensive range of other assets. Servicing both retail and wholesale customers and licensed by the Australian Securities & Investments Commission to provide specific financial advice, the firm has undergone significant growth and was responsible for over A$7 billion in bond market transactions in the calendar year 2019.
ABE has extensive relationships with banks and financial institutions and uses leading-edge technology to connect to the world’s financial hubs, providing customers with accurate, transparent and timely pricing and trading data and advice, while removing unnecessary barriers and costs. The firm’s bond issuance service enables companies to issue debt quickly and effectively through the firm’s extensive network of customers, vendors and market participants.
ABE’s team possesses in-depth knowledge and extensive experience in local and global capital markets, financial risk management, cutting-edge technology infrastructure, and advanced data science and analytics.
Key Corporate Information
- Established in 2015
- Responsible for over A$7 billion in bond market transactions in CY2019
- Provides services to hundreds of private clients, banks, funds and other financial services organisations
- Patent pending for our more efficient asset transfer process that will reduce transaction time and risk
- Current transactions and volume (in millions) per financial years to April 2020:
Key Partners
- IRESS enables brokers to transact directly with the OTC market
- Australia & New Zealand Banking Group gives us access to local and international banking
- Perpetual provides safe and secure custodial services
- Australian Money Market allows access to the best term deposit rates for our clients
- BondAdviser provides research on the bond market
Key Bond Market Information
- A$1,650 billion approx. dollar value of Australian debt issuance, including Commonwealth government, state government, and corporate debt (source: Reserve Bank of Australia. Jan 2021)
- A$42 billion in ASX-listed debt securities (source: Reserve Bank of Australia)
- Over 3,000 different bonds with coupon yields ranging from 0.25% through to 17.24% and tenors ranging from 3 months through 30 years.
Key People
Managing Director and Chief Executive Officer
Bradley McCosker is the Managing Director and Chief Executive Officer of The Australian Bond Exchange (ABE). He has an extensive background in financial services industry portfolio management, financial risk, risk management, banking, business development, and sales. Before founding ABE, Brad was a Senior Risk Policy Adviser at ASX Limited. He was previously a Senior Adviser with the Australian Prudential Regulation Authority, and Director – Americas Head Client Coverage Group with Deutsche Bank in New York.
He has a Masters degree in Economics from Macquarie University.
Co-Founder
Markus Mueller is a Co-Founder of The Australian Bond Exchange (ABE). He has extensive experience in private banking, investment advice, and trading. Before co-founding ABE, Markus was Director/Branch Manager at Morgans/Reynolds, and before that was a Director of Reynolds Stockbrokers. He worked previously in private banking, fixed income and currencies in the United Kingdom and Switzerland.
Chief Technology Officer
Michael Vander Donk is a co-founder and Chief Technology Officer of The Australian Bond Exchange (ABE). He has over 20 years’ experience in technical and engineering design of infrastructure and systems, and combines his continuous study of cutting-edge computing infrastructure with advanced data science and analytical methods. He was previously a Senior Technical Instructor with EMC, developing and delivering multi-day consultative programs on artificial intelligence design, big data analytics, data science, and the cloud, and was previously a consultant with Credit Suisse, BearingPoint, and interpath. Michael has a Bachelor of Science degree in computing from Western Sydney University.
Managing Director (ABE Capital Markets Pte Ltd)
Nick has over 20 years of international banking experience having started his career at Citi in Sydney in 2001 but has since spent most of his career overseas with Citi in Hong Kong, New York, and London largely within the Rates Structuring & EMTN Trading team.
In 2013, Nick joined National Australia Bank in Hong Kong to head their Debt Syndicate & Origination team in Asia before moving to Singapore joining Sumitomo Mitsui Banking Corporation to spearhead their alternative distribution business. He then moved to Macquarie Bank in Singapore to setup their bond sales & trading business.
Nick is the newest member of the ABE team and is currently building the subsidiary in Singapore under ABE Capital Markets Pte Ltd.
Nick holds a Bachelor of Commerce (First Class Honours), Bachelor of Banking, Finance & Risk Management and a Bachelor of International Business, all from Griffith University in Brisbane.