FEX is a market structure design and operations business group. FEX builds and operates regulated and globally competitive licensed marketplaces for commodity, energy and environmental asset classes. Markets built and operated by FEX seek to provide market users in the Asia-Pacific region with greater product relevance to enhance both the management of risk and the facilitation of investment in the region.
Confidence in the licensed markets operated by the FEX Group is reinforced by the market supervision and regulatory role undertaken by the Australian Securities and Investments Commission (ASIC) as well as through the Reserve Bank of Australia's oversight of financial system stability. In addition, ASIC also supervises FEX Group as an unlisted public company.
FEX Global holds an Australian Market License pursuant to s795B of the Corporations Act, enabling it to operate markets in energy, commodity and environmental derivative products. FEX Global’s markets will be cleared by Chicago Mercantile Exchange Inc. (“CME”).
FEX Group owns a 100% interest in the Australian Market Licensed over the counter (OTC) Swap Execution facility known as Mercari Direct.
Mercari was established in 2005 and since January 2011 has been licensed to offer markets in commodity, energy, interest rate, foreign currency and environmental products. Mercari uses the Mercari eSEF technology to operate the marketplace and is supervised by ASIC.
For further information on Mercari and the products on Mercari market, please visit Mercari.