Tuesday, June 25, 2019

Bank Audi to manage electronic trading platform. ETP likely to start operations within six months with global reach


The Capital Markets Authority (CMA) has granted a license to Bank Audi Group and the Athens Stock Exchange (ATHEX) to set up and operate an electronic trading platform (ETP), said Riad Salameh, Governor of the Central Bank and Chairman of the CMA.

Firas Safieddine, Vice Chairman of the CMA, said that the winning consortium will contribute capital of $20 million to a special purpose vehicle (SPV) that will be created to operate the platform. The Bank Audi-ATHEX consortium has opened the do...

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