MFEX Mutual Funds Exchange - Logo

# Company News

Friday, 31st July 2020

MFEX gains new trading license in Luxembourg (CSSF) and promotes global business development

Our recent news: New Luxembourg license; Trading & Operations model; MFEX Hong Kong Limited; Ebase chooses MFEX and SGSS; ODDS now provides reports on loan and private debt funds

MFEX gains new trading license in Luxembourg (CSSF) and promotes global business development

NEW LUXEMBOURG LICENSE

We are pleased to announce that MFEX Luxembourg (regulated by CSSF in Luxembourg), 100% owned by MFEX AB, has extended its presence with the addition of a large team of experienced people joining MFEX from SGSS. This follows the signing with SGSS in June 2019, and the taking over of the bank’s Global Fund Trading (GFT) platform based in Luxembourg.

We have also moved to a new, larger office, located in the centre of Luxembourg city, gathering the new employees joining from SGSS. As with all our offices, the Luxembourg office has been adjusted to keep our employees safe during COVID-19.

TRADING & OPERATIONS MODEL

Starting since June 15th and progressively over the next few months, we will be consolidating our leading position in international funds distribution, and our trading operations will be complemented by a regional focus in a joint operating model encompassing:

  • continuing to support mutual funds dealing and transfers with the Nordic based Transfer Agents / Fund Companies.

  • handling dealing and transfers of mutual and now also hedge funds, private equity, real estate funds with the non-Nordic based Transfer Agents / Fund Companies

We also welcome our new COO, Jean Devambez, joining from BPSS. As group COO he will oversee Trading & Custody, Rebate Collection, Distribution Agreement Administration and Data Solution activities globally. He will be in charge of the provision of a high-quality service to clients, the maintenance of the Global Operating Model, the integration of strategic clients and partners and the acceleration of the group Digital roadmap. He will join the Executive committee of the company. Click here for more information

MFEX HONG KONG LIMITED 

We are extremely pleased to announce that MFEX Hong Kong Limited, a 100% subsidiary of MFEX Mutual Funds Exchange AB, has been awarded the Type 1 license (dealing in securities) by Hong Kong’s Securities and Futures Commission (SFC).

MFEX Hong Kong is poised to become the commercial center for MFEX in North Asia, focusing on business development, sales and client service. Its priority is to serve Distributors and Asset Managers based in Hong Kong, Taiwan, Korea and Japan. Singapore remains the regional hub for MFEX in Asia.

For more information

EBASE CHOOSES MFEX AND SGSS

We are happy to announce that the European Bank for Financial Services (ebase) has chosen MFEX and SGSS in Germany for their brokerage, custody and trailer fee management services. Under the mandate, MFEX and SGSS will provide services for several thousand funds and will process hundreds of thousands of fund trades each year. This partnership promises strong growth potential in Germany and beyond. We will support ebase with our B2B solutions which will lead to synergies in the B2B2C segment. Partnerships with SGSS and ebase are embedded in our growth strategy and  it represents a continuous expansion of our product range that we offer in existing and new markets. For more information

NEW! ODDS NOW PROVIDING REPORTS ON LOAN AND PRIVATE DEBT FUNDS

In supporting clients’ increasing demand on loans and private debt, MFEX's operational due diligence team, ODDS, has broadened its capabilities and offers now dedicated ODD reports focused on loan and private debt strategies.

For further pricing and information: odds@mfex.com

Latest News

ESGForest

Scaling up sustainable solutions

18th May 2022

Newsroom image - Greenomy

MFEX by Euroclear in cooperation with Greenomy

11th May 2022

Newsroom image - Simplifying ESG reporting 2022

Simplifying ESG reporting

5th May 2022

Newspost Image - Traspasos - Spain

MFEX by Euroclear delivers unique solution in Spain: “Traspasos”

8th Mar 2022

Want to talk to a member of our team?

Your Cookies Settings

May we use cookies to improve your experience on our site?

We take your privacy very seriously. For further details regarding how we use cookies, please see our cookie notice, and for further information on how we process personal data, please see our privacy notice.