Dreadnought Capital is the primary driver behind the new Bond and Derivative Exchange of Zambia (BaDEx). Dreadnought Capital is responsible for providing BaDEx with their CEO, (Allan Thomson) as well as all operational activities in the initial phase. BaDEx has the necessary license from the regulator - the Securities and Exchange Commission of Zambia (SEC) - as well as approval from the Bank of Zambia to ensure that the regulatory framework in Zambia is compliant with global standards and encourages liquid and accessible markets for all participants.
Dreadnought Capital advised on the rules for the exchange (BaDEx), ensuring the implementation of a robust marketplace with world class risk management processes in line with international standards.
Dreadnought trained and up-skilled local Zambian market participants – from the regulatory bodies, to the clearing member staff and risk/compliance and back office personnel.