FEX - The Financial and Energy Exchange Group

The Public Interest Journalism Foundation Australia

As of May 2010 FEX is proud to have become a founding sponsor of the Public Interest Journalism Foundation.
The mission statement of the Public Interest Journalism Foundation is

The Foundation promotes and enables innovation in public interest journalism. It develops and tests emerging models of journalism to inform an engaged and accountable society. Our guiding principle is public interest through knowledge development, collaboration and sustainability. We act with integrity, honesty, transparency and independence.

Mercari Markets operates multiple OTC market structures. These multiple structures are enabled through the flexibility of the Mercari eSEF technology. Mercari eSEF’s 2 core markets structures are:

• Direct inter-dealer markets; and
• Indirect brokered markets.

Mercari’s markets for financial products are overseen by ASIC and operate in accordance with the conditions and regulations, both stated and implied, of Mercari’s Australian Market License granted in May 2005, Mercari’s Australia Financial Services License (AFS No: 229935) granted in July 2003 and the Corporations Act of Australia.

Mercari holds the only AML to operate official OTC markets in interest rate derivative products.

Mercari is also subject to regular annual reviews of its licensed operations by the Australian Securities and Investment Commission (ASIC).

Mercari’s environmental markets, based on products developed by Envex, operate outside the ambit of Mercari’s AML.

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