One-Stop-Shop in the Institutional Bond Market, Next Milestone Achieved: CMTA AG Receives New WAG License as the First Company in Austria
CMTA AG announces the receipt of significantly expanded licensing rights from the Austrian Financial Market Authority (FMA). Effective since January 3, 2024, these rights mark a significant milestone, enabling CMTA AG to offer comprehensive services in the capital market to its clients.
The expanded concession encompasses a wide range of securities services, including trading for its own account, portfolio management, execution of orders on behalf of clients, and the placement of financial instruments. Additionally, this development also extends to ancillary services such as securities custody for clients.
Over the coming months, the company will gradually roll out these newly licensed services with the utmost care and professionalism, adhering to a structured process to continuously maintain high corporate standards.
Christoph Müller, CEO of CMTA AG, on the significantly expanded concession: “CMTA AG’s primary goal is to enhance transparency, efficiency, and liquidity in the bond market for our buy-side clients and the issuers we serve. Our objectives are clear and well-defined: With our robust buy-side network, technological innovation, and resultant efficiency, we aim to lower transaction costs and foster a significantly more efficient market. Historically, issue size and liquidity have been closely linked. CMTA AG breaks this correlation by offering solutions for a liquid and efficient market, irrespective of the issue volume, through our systematic approach, support, and technology. The concession expansion is a vital steppingstone in this journey.”
Founded in 2017, CMTA AG is a leading European FinTech company in the institutional bond market and a recognized expert, particularly in the German-speaking regions, CEE, and the Baltic States. Offering comprehensive expertise, CMTA AG supports both the primary and secondary markets. Issuers in the sub-benchmark segment benefit from a full range of services, including:
- Product placement,
- Secondary market support,
- Market making including ongoing liquidity,
- Pricing.
Both issuers and buy-side clients significantly benefit from CMTA AG’s technological capabilities, which facilitate first-class servicing and liquidity creation within a rapidly expanding institutional client network.
A key technological asset of CMTA AG is the AI-driven trading platform “JAMES”. It adapts to each client’s specific trading needs and excels in enhancing the speed, transparency, and liquidity of bond trading. This exceptional technological expertise caters to CMTA AG’s primary target segment: buy-side to buy-side matching, an area previously overlooked in the market. Thus, CMTA AG represents a unique blend of technological innovation and client-centric solutions in this sector of the financial market.
CMTA AG extends its gratitude to its dedicated team and over 800 institutional clients for their unwavering support and the trust they have continuously placed in us.
Contact CMTA AG:
Sarah Weihs
Head of HR & Communication
sarah.weihs@cmta.at