GXG Markets
Encyclopedia
GXG Markets is a European Regulated Market which operate a securities market focusing on SME
companies by operating a three-tier market structure with an OTC segment (an information and trading platform for professional investors), a MTF
(Multilateral Trading Facility
) and a Regulated market
.
GXG Markets just recently passported its exchange license to the United Kingdom, under the MiFID
directive (Markets in Financial Instruments Directive) and has assumed business in Britain.
GXG Markets utilises its parent company's, GXG Global Exchange Group's proprietary electronic trading platform, GXG Tellus.
Time Zone: Central European Time (CET)
The company was the first to be approved by the Danish Financial Supervisory Authority to operate an authorized marketplace.
In August 2010 the Company was acquired by Swedish GXG Global Exchange Group.
SME
SME may stand for:*Small and medium enterprises, a synonym for Small and Medium-sized Business *Subject matter expert, a work role description...
companies by operating a three-tier market structure with an OTC segment (an information and trading platform for professional investors), a MTF
MTF
-Business:* Make Trade Fair* Multilateral Trading Facility* MTF Ltd, Motor Trade Finances Limited, a vehicle finance company based in New Zealand-Science:* Magnetized target fusion* Modulation transfer function, in optics...
(Multilateral Trading Facility
Multilateral Trading Facility
A Multilateral Trading Facility is a specific type of European financial trading system. The concept was introduced within the Markets in Financial Instruments Directive , a European financial law, and describes a trading venue that brings together buyers and sellers in a non-discretionary way...
) and a Regulated market
Regulated market
A regulated market or controlled market, is the provision of goods or services that is regulated by a government appointed body. The regulation may cover the terms and conditions of supplying the goods and services and in particular the price allowed to be charged and/or to whom they are distributed...
.
GXG Markets just recently passported its exchange license to the United Kingdom, under the MiFID
MiFID
The Markets in Financial Instruments Directive as subsequently amended is a European Union law that provides harmonised regulation for investment services across the 30 member states of the European Economic Area...
directive (Markets in Financial Instruments Directive) and has assumed business in Britain.
GXG Markets utilises its parent company's, GXG Global Exchange Group's proprietary electronic trading platform, GXG Tellus.
Trading Hours
Normal Trading Session: 09:00 (9am) - 17:00 (5pm)Time Zone: Central European Time (CET)
Background
GXG Markets was originally established in 1998 as Dansk Autoriseret Markedsplads.The company was the first to be approved by the Danish Financial Supervisory Authority to operate an authorized marketplace.
In August 2010 the Company was acquired by Swedish GXG Global Exchange Group.
Leadership
GXG Markets is Chaired by Carl Johan Hogbom, formerly the CEO of the OMX Stockholm Exchange.See also
- London Stock ExchangeLondon Stock ExchangeThe London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
- Alternative Investment MarketAlternative Investment MarketAIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....
- Markets in Financial Instruments Directive