The arrival of Nxchange makes it possible to place and trade securities on a regulated platform without the intervention of a bank or broker being required. Companies can activate their network and communities to raise capital both on the central trading platform of Nxchange and using an integrated module on their own websites. A traditional IPO is usually an expensive and complex matter. Nxchange has identified a need for an alternative that brings companies and investors closer together. "In the era of social networking it makes sense to come up with a solution for securities trading in which companies and investors can maintain direct contact with each other", says Marleen Evertsz, CEO of Nxchange.
Nxchange combines the positive aspects of crowdfunding with the benefits of a regulated stock exchange. As well as a primary market, it offers a secondary market in a transparent, liquid and regulated setting. Investment is all about confidence in good entrepreneurship. Evertsz continues: "Companies wanting to be listed on Nxchange opt for unprecedented transparency that makes it possible for investors to make well-founded investment decisions." Investors can ask questions directly to the company via a public Q&A and the company in turn can enter into a direct dialogue with its investors. All financial information and underlying documents are available on the platform, through which the company can directly distribute important information to stakeholders. The (social media) sentiment surrounding the issuing organisation is clarified and analysts' reports are available on the fund page. The platform also provides a forum on which investors can communicate with each other and exchange ideas. Nxchange thus provides a level playing field for all parties.
Nxchange makes companies less dependent on traditional financial service providers and gives them more efficient access to capital that centres less on speculation than a traditional stock exchange. Nxchange offers investors transparency and investment options that were previously only available to a limited group of investors. The trading platform also facilitates the mutual trading of securities in a secondary market.
Evertsz concludes: "Our country's innovative business climate calls for an innovative stock market. We therefore expect to approach ten listings as early as in 2016 and will occupy a pan-European positioning from the very beginning."
Nxchange is launched as the stock exchange of the future with the first listing of Fastned. The platform is open to companies of any size that meet the listing requirements. It will be open for trading 24 hours a day, 7 days a week, and transactions will be settled in realtime. Nxchange works in partnership with Euroclear as the custodian bank. Nxchange has been approved by the Dutch Ministry of Finance as a regulated market.