EMXCo had a record month for orders with € 6.9 billion of funds flow routed through the EMX Message System in March.
More than 1.6 million messages were placed on the EMX Message System last month.
“Orders through the EMX Message System have increased by 41 percent in quarter one this year compared to the same period last year,” said Max Wright, CEO of EMXCo. “We continue to see fantastic growth through both new joiners and existing participants increasing the amount of business they put through the system.”
The EMX Message System handles straight through processing with around 3,500 funds available on the system, of which 1,000 are offshore funds.