Nxchange, the next generation stock exchange, has secured Multilateral Trading Facility (MTF) license from the Ministry of Finance of the Netherlands to allow for direct trading between companies and investors.
Nxchange, with the MTF license and its software solution, can now enter into partnerships with financial institutions, lenders and other parties which can integrate its applications into their own web environment.
Institutional partners will act as a bridge between Nxchange and its customers to broaden the market.
Partners can now allow their customers to list their securities through Nxchange and let investors in their network to invest in bonds or shares. It is advantageous for partners as they do not need to develop their own platforms, nor are they required to apply for licenses.
The financial institution helps companies raise investments from small-scale investors with its matching platform that connects investors directly with the company that they want to invest in.
It has a license to operate as a regulated market, acting as a primary market for issuing companies to raise capital and a secondary market for investors that need to take care of their liquidity issues.
Nxchange’s decentralized platform is claimed to offer transactions that happen instantly and in real-time, carried online 24/7.
Nxchange CEO Marleen Evertsz said: “Nxchange is the next generation stock exchange that can be used by companies and financial institutions as a white label trading platform for issuing and trading securities. For many companies, a regular stock listing is too complex and also expensive.
“We believe that the time has come for a more modern form of capital market transactions: efficient, real-time, 24/7, transparent, and supported by compliance procedures that assure maximum security. Through partnerships with third parties, we want to make our capital market solution as accessible as possible. We will bring entrepreneurs and investors together within their own network.”