Austin, Texas (PRWEB) September 09, 2016
Capital Asset Exchange & Trading, the largest semiconductor commodity trading platform in the world, continues to grow consistently and announced it is expanding its Austin office. Capital Asset Exchange and Trading will add approximately 5,000 sq ft to its Frost Bank Tower trading floor, in the heart of Austin’s downtown.
“CAE has hired consistently through 2016, and we see considerably more hiring needed in 2017. As we look at our market opportunity, we simply need to expand our team to extend our market share leadership,” said CEO Ryan Jacob. “The increased space will mean CAE can add an additional 35 traders for the U.S. and Asia in 2017, and build onto our highest value operational teams.”
The additional space will allow CAE to deepen its market coverage, which already results in over 1,300 transactions per year. CAE is the highest volume commodity trader in the semiconductor space. Additionally, CAE will be able to further develop its on-shore data aggregation, analytics, settlement, and software development teams.
CAE is committed to creating a safe, comprehensive and effective market for semiconductor commodities. The company aggregates the world’s supply and demand for semiconductor commodities onto a single platform, optimizes buyer-seller matches, and allows clients to compare, evaluate and purchase assets on a global basis. CAE specializes in assisting in deep due diligence on individual or groups of assets, and manages the physical logistics associated with funding, removal, and transportation of these high value commodities.
CAE’s current growth builds on a strong track record of expansion. Since being acquired by current management in 2014, CAE has set new hiring, client adoption, volume, and revenue records.