HISTORY - We've done it before.
Market Evolution Software Products Limited (Market Evolution) was founded by
David Ewasuik, who also founded the successful capital markets provider EFA
Software Services Ltd. (EFA) by developing EFA's first-generation trading
system. At its peak, EFA was about 200-people strong and had more than 50
worldwide installations across diverse marketplaces.
After the sale of EFA and completing a non-compete, Ewasuik has returned to
the marketplace with this new venture and his more than 20 years of experience.
With Market Evolution, Ewasuik is building off the success of EFA by
partnering up with the Slovenian capital markets, which drives its markets with
locally-proven and Microsoft-based systems. The systems adhere to international
standards and have complimented a marketplace that has been recognized by the World Bank and the International Monetary Fund (IMF) for best
Together, Market Evolution, the Ljubljana
Stock Exchange (LJSE) and the Central
Securities Clearing Corporation of Ljubljana (KDD) combine their technical
and business experience as well as their extensive network of consultants to
offer emerging to mid-sized markets affordable solutions and services.
EFA's client list
The EFA client list included large clients as well as emerging and
developing markets in Asia, Central America, the Caribbean, Africa, the Middle
East and Europe.
- Large clients: Boston Stock Exchange; Canadian Venture Exchange;
Chicago Board Options Exchange; Deutsche Borse; Japan Bond Trading
Company; Merrill Lynch; Saudi Arabian Monetary Authority (trading and
clearing packages); Toronto Stock Exchange
- Emerging/developing clients: Lahore Stock Exchange,
Pakistan (trading & clearing); Karachi Stock Exchange, Pakistan
(trading & clearing); Borsa de Valores, Guatemala (trading &
clearing); Bahamas International Stock Exchange; Barbados Stock Exchange
(trading & clearing); Bermuda Stock Exchange (trading & clearing);
Jamaica Stock Exchange (trading & clearing); Trinidad and Tobago
exchange (trading & clearing); French West Africa (Benin, Burkina
Faso, Cote dIvoire, Guinea Bissau, Mali, Niger, Senegal and Togo);
Nigerian Stock Exchange (trading & clearing); Cairo and Alexandria
Stock Exchange (trading & clearing); Palestine Stock Exchange (trading
& clearing);Abu Dhabi Stock Exchange (trading & clearing); Dubai
Stock Exchange (trading & clearing); Bahrain Stock Exchange (trading
& clearing); Qatar Stock Exchange (trading & clearing); Jordan
Securities Depository; Iran Stock Exchange (trading and Clearing); Iceland
Clearing Corporation; Ljubljana Stock Exchange; KDD Slovenia; Malta Stock
exchange; Bucharest Stock Exchange; Bucharest Clearing Corporation.
Current clients using QuickTrade and QuickClear
- Ljubljana Stock Exchange and KDD Slovenia, Montenegro Stock Exchange, Macedonian Stock Exchange, Banja Luka Stock Exchange, Sarajevo Stock Exchange, Damascus Securities Exchange, Bahamas Securities Exchange, Regional Stock Exchange of West Africa.