NPEX introduces a new exchange platform, enabling real-time trade of Icecat shares

NPEX switched during the past weekend to a new trade platform that is more up-to-date. It allows real-time trading of depository receipts (DRs) of Icecat shares (NL) and it contains an order book. A big step forward compared to the once per week trading sessions and marketplace-like trading mechanism.

There still some drawbacks: the frontoffice is only in Dutch, although the trading backoffice supports English.

We’ll closely monitor progress and assume that the new platform helps with price forming, and liquidity, and that it thus makes NPEX a more attractive place for retail investors to manage their investment portfolios in financial instruments of Dutch SMEs.