Solution introduction
MERJ Exchange is a live, multi-market, end-to-end securities exchange
MERJ Exchange operates a fair and transparent marketplace in accordance with local securities and financial market laws, and in line principles of operations of financial markets as published by global standard-setting bodies like the International Organization of Securities Commissions (IOSCO)
MERJ is developing a next generation global exchange ecosystem along with partners and participating service providers. The exchange will support global issuers of securities, digital assets and hybrid instruments through the entire asset life cycle from issuance to trading, clearing, settlement and registry.
Highlights
- Equities, debt and derivatives markets
- As a fully fledged securities exchange, instruments listed qualify as “listed securities” allowing for broader participation from institutions and fitting into more investment mandates
- Direct international membership for brokers/dealers in a “recognized jurisdiction”
- Direct market access trading by clients of members
- Direct ATS participation (i.e. no broker required) for global investors supported on an execution-only basis (i.e. MERJ provides no advisory or custody services)
- Multi-currency – USD, EUR, GBP, ZAR, AUD and SCR are currently supported as listing and settlement currencies
- Affiliate member of the World Federation of Exchanges (full membership expected 2019)
- Investor and broker trading interfaces and tools
- FIX/API support for market makers and brokers
- Web, mobile (iOS, Android) and desktop trading interfaces
