HOTTER ON METALS: NFEx starts courting period for OTC business

The courting period for Non-Ferrous Exchange Markets (NFEx Markets) has begun.

Fintech firm Autilla has fired the starting gun for its new base metals trading platform, providing a few more details including an experienced management team and targeted live-date of the first quarter of 2018. The interim months until then will be spent on a variety of issues including writing the rulebook from scratch, meeting with the regulatory authorities and engaging with market participants in an effort to get them on board. The platform is seeking authorisation as a multi-lateral trading facility, a concept introduced within the Markets in Financial Instruments Directive (MiFID) that allows...

Published

Andrea Hotter

June 06, 2017

02:15 GMT

New York