Home Lifestyle NewsArt & Culture News Successful inaugural trading session on ARTEX stock exchange

Successful inaugural trading session on ARTEX stock exchange

by LLB Finance Reporter
11th Mar 24 7:34 am

ARTEX MTF, the exchange for art shares trading, is pleased to announce the successful first trading session.

This first short session marked a historical shift in art investment and the financial market.

Shares opened at EUR 92.20 and closed at EUR 95.00, representing an increase of 3.04%.

The successful trading session underscores the potential for art shares to become an important asset class, offering investors a new avenue for diversification. With the completion of this first session, the journey towards art democratisation is firmly underway.

ARTEX operates a secure and liquid art shares exchange, regulated and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework.

Providing easy access to a traditionally exclusive fine art market, ARTEX aims to democratise investing in artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century.

ARTEX-listed masterpieces will be on public display, in museums and exhibitions around the world. ARTEX was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi.

“ARTEX MTF” is a Multilateral Trading Facility operated by ARTEX MTF AG, a Company incorporated in the Principality of Liechtenstein under company number FL-0002.682.571-2 with registered offices at Wuhrstrasse 6, 9490 Vaduz, Liechtenstein.

ARTEX MTF is regulated by the Financial Markets Authority under reference number 307407.

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