In a recent development, Nxchange, a new-gen stock exchange has been granted the license from the Ministry of Finance to operate as a Regulated Market. With this license and the software solution it offers with its platform, Nxchange is now free to enter into partnerships with any financial institutions, lenders and other parties that can integrate Nxchange‘s technological applications into their own web environment.
No need for license
Having said that, the partners can offer their customers a chance to list securities through Nxchange and allow investors within their network to invest in these shares or bonds. In this case, the partners don’t need to apply for a license neither have to develop a platform for themselves.