EMXCo's Messaging Stream Is 23 Percent Up In February

EMXCo has announced record volumes through the EMX Message System with over 5.5 million messages through the system to date this year equating to over EUR 12 billion in funds flow. Volumes in February were up 23% on the previous

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EMXCo has announced record volumes through the EMX Message System with over 5.5 million messages through the system to date this year equating to over EUR 12 billion in funds flow.

Volumes in February were up 23% on the previous year and with March having already delivered the best ever week, it is set to be yet another record month for EMXCos fund messaging system.

It is great to see the industry backing us as the messaging system of choice for funds as they see how, together with Euroclear UK and Ireland, we are leading the market in delivering automated settlement in the same way as we have always done for order routing, says Yannic Weber, CEO, EMXCo.

Our growth continues to be driven by wider adoption from our existing clients as well as new joiners and it is incredible that we have increased the number of distributor clients by 62% compared to this time last year.

L.D.

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