Flamingo is the umbrella brand of Mike Hudson’s commercial and not-for-profit marketplace technology ventures. For advisory work please see mikehudson.com.
Flamingo has been instrumental in setting up new marketplaces and exchanges in financial, commodity and life science products.
We create new marketplaces.
In 2020 Mike created TestRAMP, a unique B2B marketplace for laboratory PCR testing during the Covid pandemic. Enabling multiple UK labs and resellers to connect and sell to one another, TestRAMP creates price/volume visibility for market participants to match supply and demand. TestRAMP is a fee-earning not-for-profit with most profits donated to charity.
Baymarkets’ advanced exchange software helps build innovative world-leading electronic marketplaces and exchanges such as Cleartrade, a leading commodity and freight exchange fully acquired by EEX (part of Deutsche Borse Group) in 2017.
Flamingo invested venture capital in Baymarkets, becoming its majority shareholder. Co-investors included Stockholm-based KTH Chalmers Capital. Flamingo sold Baymarkets in 2016.
Cinetics developed the financial marketplace trading software, Ctrade. Flamingo sold its 50% interest in Cinetics to Cinnober Financial Technology in 2006, which was acquired by NASDAQ, one of the world’s largest stock exchanges.
A 50:50 JV between Flamingo and CFT, founded in 2001,Cscreen became the leading electronic marketplace company for OTC equity derivatives. Sold to Euronext.Liffe in 2005, it now operates as QuoteBoard, part of the Intercontinental Exchange, owner of the New York Stock Exchange.
In 1990 Mike founded TSAC, the first City-based marketplace specialising in N225-linked bond-based products, serving international investment banks and repeatedly recognised for its innovation. The firm was consistently voted the world’s best in its field, and was acquired in 2009. Mike left the business in 2010.
Mike is a serial entrepreneur and investor in start-up and early-stage intellectual property, technology and marketplace ventures. He also runs the Mike Hudson Foundation, supporting UK research including at ZSL conservation. A graduate of City University in Systems and Management, Mike lives and works mostly in London.