# Bondcube Emea Limited (08935695)

> Why UK company 08935695 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08935695

- **Status:** Administration ended
- **Administration began:** 2015-07-23
- **Administrators:** Simon Harris, Cameron Gunn, Mark Supperstone
- **Administrators' firm:** ReSolve
- **Incorporated:** 2014-03-12
- **Location:** London
- **Industry:** 64999 Financial intermediation not elsewhere classified

## Why it went into administration

- Regulatory change or action
- Cash flow / liquidity pressure

## From the administrators' statement

Bondcube Limited (BL) and tts subsidiartes, Bondcube EMEA Limited (EMEA or the Company) and Bondcube Inc (Bl) (together Bondcube or the Group) were incorporated in 2012, 2014 and 2014 tespectively

Following the banking crisis in 2008, new regulation resulted in banks reducing capital for pricing bond buyside order flows This resulted in only the most liquid 30 per cent of bonds being supported by the bank pricing structure. Bondcube was formed to provide a mechanism for finding liquidity in the other 70 per cent of the market

Bondcube commenced development of a platform (the Platform) to provide a solution for liquidity for large and tlliquid trades in the fixed income markets The Platform allowed for buy-side and sell-side fixed income dealers to input indications of interest and receive potential order matches that could then be negotiated and traded.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08935695/filing-history/MzEzMDM0MDc1MWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08935695

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.