Marketplace

Eurivex provides investors the opportunity to buy and sell Notes representing trade finance deals at a discount or a premium in our secondary marketplace, allowing for immediate liquidity or very exciting investing opportunities.

Access to the Eurivex Secondary Marketplace is allowed only to those who have valid trade finance deals (to sell) and available funds in their account (to buy).

  • Secondary Marketplace – for sellers

    Investors first need to choose a strategy and once they receive confirmation that their funds have been invested, they will receive a ticket which will state the amount invested, rate of return and maturity of the deal among other information.

    Suppose the investor needs money and does not wish to wait until the maturity of the deal to receive the funds. Here are the steps to follow and things to consider:

    • Select the ‘’Market Place’’ option from the tool bar and under the “Account Portfolio” section select the trade finance deal and click to “sell”
    • Decide type of order – Limit or Market order (It is better to fix the price – i.e. place “Limit Orders” where you decide the price as opposed to “Market Orders” which match your orders to any price available in the marketplace)
    • Decide Amount – you can choose all or part of the ticket amount for sale (Shorting is prohibited. You can sell up to amount previously invested)
    • Decide on price (per note)
    • Decide duration of order – Good for the day or Good until Cancelled
    • The maximum divergence both on the upside and downside is 10% from par value, so make sure you watch the market depth before placing “Market orders” which will match your sell order with the best buy order at a price determined by the buyer, which may be up to 10% lower than the price when you invested
    • You will lose the accumulated return if you decide to sell prematurely
    • When a deal is done, you will receive deal confirmation by email and the details will also be available on your dashboard
    • Our algorithm will amend your investment (remove the deal from your portfolio) and credit your account with the proceeds which will be available for immediate withdrawal
    • The brokerage fee of 0.05% of the value per ticket is applied and will be deducted from the proceeds of sale.
  • Secondary Marketplace – for buyers

    Investors first need to transfer funds to their account so that they will be allowed to place purchase orders to buy outstanding trade finance deals that have not yet matured in order to achieve a satisfactory return.

    Suppose the investor wishes to buy deals from the marketplace. Here are the steps to follow and things to consider:

    • Go to Marketplace and check the market depth to see what kind of deals are available to purchase
    • When calculating the value of the deal, remember that all interest is paid on maturity to the last holder
    • Decide type of order – Limit or Market order
    • Decide duration of order – Good for the day or Good until Cancelled
    • Decide Amount – you can choose all or part of the ticket amount for purchase
    • The maximum divergence both on the upside and downside is 10% from par value, so make sure you watch the market depth before placing “Market orders” since you don’t wish to buy at a price which may be up to 10% higher than par value
    • When a deal is done, you will receive deal confirmation by email and the details will also be available on your dashboard
    • Our algorithm will amend your investment (remove the funds from your account) and provide you with details of your investment in the trade deal showing you the amount invested, the rate of return and the maturity of the deal
    • The brokerage fee of 0.05% of the value per ticket is calculated and added to your purchase price.
  • Tips for investors
    • Check the marketplace depth to see market interest.
    • Marketplace operates on Order Priority – i.e. on a first-come-first-serve basis. All investors are treated equally.
    • The accumulated return (interest) is paid on maturity of the deal to the last holder.

    If you are a seller, you should calculate the interest up to the date of the intended trade and attempt to sell at a higher price than par value. The higher price at which you sell, the better for you.

    If you are a buyer, you should make sure that you don’t overpay for accumulated interest up to the date of the proposed transaction. The lower the price at which you buy, the better for you.

    • It is better to fix the price – i.e. place “Limit Orders” where you decide the price as opposed to “Market Orders” which match your orders to any price available in the marketplace.
    • The maximum divergence both on the upside and downside is 10% from par value, so make sure you watch the market depth before placing “Market orders”
    • Be patient – your orders may be completed or filled partially, so you may need to repeat your orders the following day(s) until you reach your desired goal.
    • The brokerage fees are calculated automatically before you place the order and are transparently displayed prior to placing the order.
    • There is no guarantee that a deal will be concluded on any day.
  • 2-hour cooling off period

    When you press the order to buy or sell in the Secondary Marketplace, the system will block your order for 2 hours during which time you have the option to cancel the order and not pay any cancelation fee.

    Once the 2-hour period is over, your order is routed into our automated trading system and thereafter if you cancel the order, you will pay the cancelation fee.

  • Open trades available for trading

    The Open trades are those that are active and will mature at a later date than compared to the current day.

    For investor protection, Eurivex does not allow trades to occur on open trades that mature shortly.

  • Distressed trades available for trading

    Distressed trades are not yet available in the system because we have no tickets that are in arrears or in default. The provision is there to cover for future cases where a ticket settlement may be delayed or will be in default and hence if the current holder does not have the appetite to wait until the matter is resolved, the investor decides to sell at a substantial discount. In such a case, another investor with such risk appetite may step in and buy the notes to hold until the situation is resolved in the hope and on the expectation that the recovery money/price is higher than the traded price.

Disclaimer & Regulatory information
Eurivex Ltd is a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), License number 114/10. Company Reg. HE 255430. Headquartered and based in Cyprus, member of EU.

Risk warning: Investing in financial instruments and other derivatives involves a high degree of risk and may not be suitable to all investors. Trading in such financial instruments can result in both an increase and decrease in capital. If you invest through Eurivex Ltd, the value of investments may go down and your capital will be at risk. Eurivex Ltd operates a secondary market but there is no guarantee that all buy/sell orders will be completed at the desired prices and there is a risk that an order may not be completed in the Eurivex secondary market if there is no matching order. There is no guarantee that you will be able to exit early by selling your investment. Eurivex Ltd does not provide investment, tax or legal advice. If you are unsure about the suitability of an investment, you should speak to a financial adviser. Please refer to our Risk Warning available on our web site for further information.