Our Heritage

Founded as a Discount House, King & Shaxson has evolved in to a financial services company incorporating an investment firm, trading venue, asset management, advice and training, and the safe custody of client assets.

Founded on a handshake in 1866

1866
1866

The origins of King & Shaxson Ltd (K&S) date back to 1866 with the establishment of White & Shaxson.

1933
1866

Merger of White & Shaxson with King & Foa (est. 1885) to form King & Shaxson in 1933.

1985
1985

The current management team at King & Shaxson started to form in 1985 and this experience, skill and commitment is reflected in the level of service offered to each and every one of our clients. K&S now employs more than 70 staff in London office, spanning a range of markets including bonds, money markets, equities, derivatives and foreign exchange.

1999
1999

In 1999 Dowgate was launched as an official Gilt IDB in conventional and index-linked Gilts, with the aim of adding much needed competition to the professional market.

2002
2002

Since 2002 King & Shaxson has been a part of the PhillipCapital Group of companies based in Singapore, offering a full range of financial services to both the retail and professional sectors, servicing over 1m+ clients worldwide, with over $35 billion under safe custody.

2010
2010

King & Shaxson expanded its dealing and custody service to include local authorities. The first to offer a service of its kind, it has grown to become the leading provider in the sector.

2016
2016

In the year of its 150th anniversary K&S expanded the dealing and custody service to include universities, charities and housing associations, amongst others, and Dowgate expanded into the European inflation market. King & Shaxson continues to innovate, with online dealing and information platforms across the broad range of its services.

2018

NCL Capital Markets bond agency broking team joins King & Shaxson, complementing our existing agency business.

Dowgate becomes a Multilateral Trading Facility (MTF) under MiFiD II rules offering dealing in UK Gilts, European Sovereign debt, IRS and Inflation derivatives in GBP and EUR, Credit, Covered Bonds, Supras and Agencies.

2019

Established in Madrid in 2019, King & Shaxson Capital Markets, trading as Dowgate MTF, services pan-European institutional clients in European sovereign debt, IRS and inflation derivatives.