ARTEX Granted a MTF License, Secures Partnerships with SIX, Bloomberg and UnaVista

ARTEX MTF AG (ARTEX) announced that it has been granted a license to operate a Multilateral Trading Facility (MTF). ARTEX is a European Economic Area (EEA) domiciled company regulated by the Financial Market Authority (FMA) of Liechtenstein within the framework of the European Markets in Financial Instruments Directive (MiFID II).

By becoming the world's first art shares exchange, ARTEX will offer the opportunity to invest and trade in a new alternative asset class. The license also enables ARTEX to onboard financial institutions seeking to become members of the exchange, in order to extend to their clients secure access to the highly anticipated first listing of an iconic masterpiece in the coming weeks.

ARTEX has secured partnerships with well-established stock exchange infrastructure services providers to ensure a seamless trading experience and a robust trading platform. SIX will provide services relating to clearing and settlement services as well as market data feed. Bloomberg will provide market participants with its proven order management as well as risk and portfolio management systems. UnaVista, an LSEG business, will support ARTEX in fulfilling its information exchange and reporting with the relevant supervisory bodies.

"We have been relentlessly working on the launch of ARTEX for three years now. I am thrilled that our vision of democratising iconic art investment is finally becoming a reality with the obtention of a license to operate what is to be the world's first art shares exchange," Yassir Benjelloun-Touimi, ARTEX Co-Founder and Chief Executive Officer commented. "As we near our first listing and plan for many more in the future, I would like to thank our dedicated teams and committed partners, including SIX, Bloomberg and LSEG."