About
Cicada is building the next generation of fixed income trading infrastructure for Latin America. It operates as a U.S.-regulated electronic trading platform connecting institutional capital to Latin American local-currency markets. The platform provides a modern, all-to-all electronic alternative trading system (ATS) for local currency bonds, aiming to improve liquidity and facilitate trading without the need for pre-existing relationships.
Key facts
At-a-glance profile data
- Website
- cicada.tech
- Headquarters
- Miami, Florida, United States
- Founded
- 2022
- Total funding
- $25M (Series A)
- Business model
- B2B
Funding rounds
Frequently asked
What does Cicada do?
Cicada enables the e-trading of Mexican government bonds, including nominal fixed-rate notes (Mbonos) and inflation-linked securities (UDIBonos), with plans to expand to Cetes, TIIE, Mexican corporate bonds, and other emerging markets government securities. The platform offers automation tools, execution of trades, connectivity to post-trade services, and data analysis of live and historical bond prices, targeting the migration of significant voice-traded volumes to electronic trading.
How much funding has Cicada raised?
Cicada has raised a total of $25M in funding. The most recent round on record is Series A.
What is Cicada's current status?
Cicada's current operating status is: Inactive.