CMTA AG receives a new WAG license
CMTA AG announces the receipt of greatly expanded concession rights from the Austrian Financial Markets Authority (FMA). / Further text via ots and www.presseportal.de/nr/135321 / The use of this image for editorial purposes is permitted in compliance with all stated terms of use and is then free of charge. Publication only with image rights notice.
(Photo: CMTA AG)
Graz, Austria CMTA AG announces the receipt of greatly expanded concession rights from the Austrian Financial Markets Authority (FMA). These rights, which have been effective since January 3, 2024, represent a significant milestone and enable CMTA AG to fully support its customers on the capital market.
The concession expansion covers a range of investment services, including trading on own account, portfolio management, execution of orders on behalf of clients and the placement of financial instruments. This development also extends to ancillary services such as securities custody for customers.
The company will gradually introduce the now licensed new services over the next few months with the greatest care and professionalism. CMTA AG follows a structured process to continuously ensure compliance with high company standards.
Christoph Müller, CEO of CMTA AG, on the significantly expanded concession: “The primary goal of CMTA AG is to make the bond market more transparent, efficient and liquid for our buy-side customers and the issuers we support. The goal, path and will are clearly defined: With our strong buy-side network, technological innovation and the associated efficiency, we contribute to reducing transaction costs and a significantly more efficient market in the long term. For a long time, issue size and liquidity were strongly correlated. The CMTA creates Through your system, support and technology, solutions for a liquid and efficient market regardless of the issue volume. The concession extension is an essential building block on this path.”
CMTA AG, founded in 2017, is one of the leading European FinTech companies in the institutional bond market and a recognized specialist, particularly in German-speaking countries, CEE and the Baltics. With its comprehensive expertise, CMTA AG supports both the primary and secondary markets. Issuers in the sub-benchmark area also receive a comprehensive range of services:
- product placement,
- secondary market support,
- Market making including ongoing liquidity,
- Pricing.
Both issuers and buy-side customers benefit significantly from CMTA AG’s technological solution capacity, which enables first-class servicing and liquidity creation in the rapidly growing institutional customer network.
The all-important technological key, the USP of the CMTA, is provided by the AI-driven trading platform “JAMES”. This adapts to the specific trading needs of each customer and stands out for its ability to greatly accelerate and improve transparency and liquidity in bond trading. This exceptional technological expertise serves CMTA’s most important target group segment: buy-side to buy-side matching, which has been completely neglected in the market to date. CMTA AG therefore stands for a previously unattainable combination of technological innovation and customer-oriented solutions in this area of the financial market.
CMTA AG would like to thank its dedicated team and over 800 institutional customers for their support and especially for the trust they have placed in us over the years.
news-contact">For further information please contact:
Sarah Weihs
Head of HR & Communication
CMTA AG
E-Mail: [email protected]
Website: www.cmta.at
Original content from: CMTA AG, transmitted by news aktuell
2024-01-11 21:46:04
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