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13-06-2024
CACEIS expands clearing options by connecting to ARTEX Global Markets
As a leading cash equity clearing provider in Europe, CACEIS now also offers broker-dealers, market makers and banks - who are trading participants on the exchanges and multilateral trading platforms - the opportunity to trade on the ARTEX trading venue and benefit fully from CACEIS’ Clearing & Settlement services.
ARTEX is a multilateral trading facility (MTF), on which shares in world-famous, iconic works of art are traded. The shares in the artworks are tradable and transferable securities just like all other listed securities. ARTEX is MiFID II compliant and regulated by the Financial Market Authority (FMA) in Liechtenstein.
"European investors generally consider artwork as an asset class that maintains a very stable value, and art is becoming a growing part of many institutional clients’ portfolio diversification strategy. As the global clearing hub for the CACEIS Group, we recognise the importance of this up-and-coming trading platform for our clients, and are pleased to offer them this new solution," explains Anja Maiberger, Managing Director at CACEIS in Germany and Head of Regional Coverage Germany & Austria.
CACEIS is the asset servicing banking group of Crédit Agricole and Santander dedicated to asset managers and institutional investors. Through offices across Europe, North and South America, and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services. CACEIS is a consolidator in the European asset servicing market and posts sustained growth in its business activities. The group holds over €5 trillion in assets under custody and over €3.4 trillion in assets under administration (figures as of 31st March 2024).
www.caceis.com
ARTEX GM operates a secure and liquid art-focused multilateral trading facility, regulated, and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework. Providing easy access to a traditionally exclusive fine art market, ARTEX GM aims to democratise investing in artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century. ARTEX GM MTF-listed masterpieces will be on public display, in museums and exhibitions around the world. ARTEX GM was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi.
ARTEX Global Markets is operated by ARTEX AG, a company incorporated in the Principality of Liechtenstein under company number FL-0002.682.571-2 with registered offices at Wuhrstrasse 6, 9490 Vaduz, Liechtenstein. ARTEX GM is regulated by the Financial Markets Authority under reference number 307407.
For more information about ARTEX GM, please visit www.artexgm.com
2024 05 13 PR CACEIS & Artex.pdf
12-06-2024
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