Overview of Eurivex
Eurivex, established in 2009 and headquartered in Cyprus, is a financial services company regulated by CYSEC. The company specializes in a variety of investment products, including regular bonds, convertible bonds, and shares, particularly focusing on Bonds PLNs.
Eurivex offers a range of business services, such as investment management, registry setup, fundraising, depository services, and brokerage for financial instruments. To satisfy the needs of different clients, they provide a demo account for prospective customers to try their services.
Their customer support can be reached through email at info@eurivex.com or by phone at +357-22028830. Additionally, Eurivex offers educational resources in the form of financial news, helping clients stay informed about the latest market trends and insights.
Is Eurivex Limited Legit or a Scam?
Eurivex Ltd, a financial services company, is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company holds a Market Making (MM) license, under the license number 114/10.
This regulation ensures that Eurivex operates under stringent financial standards and oversight mandated by CySEC in Cyprus.
Pros and Cons
Pros:
Enhanced Credibility: Regulation by CySEC, a respected financial regulatory body, enhances Eurivex's credibility in the financial market.
Investor Protection: The regulation ensures adherence to stringent financial standards, offering a higher degree of protection to investors.
Market Integrity: The Market Making (MM) license suggests that Eurivex is committed to providing liquidity and stable trading environments, which is beneficial for market integrity.
Financial Compliance: Being regulated means Eurivex must comply with international financial laws and practices, reducing the risk of fraudulent activities.
Transparency: The regulation requires Eurivex to maintain transparent operations, which can foster trust among clients and stakeholders.
Cons:
Operational Constraints: Regulation can impose certain constraints on the company's operations, limiting flexibility in some business decisions.
Increased Costs: Compliance with regulatory standards often incurs additional operational costs, which might impact profitability or be passed on to customers.
Bureaucracy: Navigating and complying with regulatory requirements can involve bureaucratic processes, potentially slowing down business activities.
Geographical Limitations: As the regulation is specific to Cyprus, it limits Eurivexs operational scope or influence in other jurisdictions.
Market Perception: Some clients or investors might perceive the Cyprus regulatory environment as less stringent compared to other major financial jurisdictions, which could affect the company's market perception.
Products
Shares
The company facilitates the issuance of various types of shares, including ordinary and preference shares. Clients have the flexibility to set their price, subject to the company's evaluation. Once approved, these shares are listed on the company's website, allowing investors to invest through their platform.
Bonds
The company offers a platform for issuing corporate bonds as a means for companies to raise funds for their operations. These bonds are debt obligations of the issuer.
Types of Bonds:
Fixed Rate Bonds: These bonds pay a fixed interest rate until maturity, offering a predictable return.
Floating Rate Bonds: The interest rate on these bonds varies and is typically set as a fixed spread above EURIBOR.
Zero Coupon Bonds: Issued at a discount, these bonds do not pay periodic interest and are repayable at par value at maturity.
Convertible Bonds: These bonds allow conversion into a predefined number of equity shares of the issuing company at a specified time.
Convertible
Aimed at financing company projects, these securities offer a mix of equity-like appreciation potential and the downside risk protection of fixed-income instruments. They have a conversion ratio that determines the number of shares an investor receives upon conversion. Companies might force conversion if the stock price is favorable.
Benefits:
Risks:
Business Services
Investment
Invest in bonds, shares and pre-IPO deals, and work towards building a diversified portfolio.
Fundraise
Eurivex specializes in assisting startups and high-growth companies at various stages of their development, offering seed funding, early funding, and growth funding.
They help their businesses raise the necessary capital to expand, invest in their operations, and achieve their targeted goals.
Stock exchange services
Bond listing
Eurivex lists various debt instruments on the Vienna MTF. With experience, having facilitated over 50 listings on the Vienna Stock Exchange MTF Market.
Advantages
Eurivex simplifies the bond issuance process by preparing the Information Memorandum and necessary documents, liaising with the Vienna Stock Exchange, and securing ISIN and relevant codes.
They offer flexibility in choosing clearing systems like Euroclear or CREST. With a swift 10-day timeframe, they ensure quick listing approval and provide a complete package, handling listing, custody, and trading through a single entity for convenience and efficiency.
Registry set up
Eurivex provides registry setup services for bond issuance on Euroclear and CREST, enabling Vienna MTF trading eligibility. They can also manage registries for non-trading debt instruments, obtain codes, and assist with securing LEI codes from the London Stock Exchange if needed.
Depositary services
Eurivex provides authorized depositary services for funds, specifically Alternative Investment Funds (AIFs) and Registered AIFs (RAIFs) licensed by CySEC.
How to Start?
Registration on Eurivex Platform: To start using Eurivex, potential investors need to register by clicking the 'Sign Up' button on the platform. The registration process involves completing a straightforward questionnaire, and submitting necessary documents such as a valid ID, proof of address, and IBAN details.
Finding an Investment: After successfully logging into the Eurivex platform, investors have access to a variety of investment opportunities. The platform displays all available deals, allowing users to browse and select investments that match their interests and risk tolerance.
Tracking Your Portfolio: Eurivex provides tools for investors to actively monitor and manage their portfolios. Users can track the performance of their investments, including details like the maturity of deals, interest payments received, dividend distributions, and any corporate actions.
Customer Support
Eurivex offers dedicated customer support to assist its clients with various queries and issues. Clients can reach out to the support team through email at info@eurivex.com, ensuring a direct and written communication channel for detailed inquiries.
Additionally, for more immediate assistance or verbal communication, clients can contact the support team via phone at +357-22028830.
Educational Resource
The news section on Eurivex Ltd's website serves as an educational resource, providing up-to-date information and insights on various financial topics.
It contains recent developments such as bond listings, investment options like fixed deposits and treasury bills, and emerging trends like crowdfunding for energy projects.
This resource offers valuable information to individuals and professionals seeking to stay informed about the financial landscape and make informed decisions.
Conclusion
In conclusion, Eurivex stands out as a proficient and reliable firm in the financial services sector, particularly in facilitating bond listings on the Vienna MTF.
Their streamlined process, expertise in handling a variety of debt instruments, and cost-effective services make them an ideal choice for international companies looking to list bonds.
With advantages like no prospectus requirement, accessibility for start-ups, and quick listing times, Eurivex offers a practical and efficient pathway for companies seeking to expand their financial horizons across the European Union and beyond.
FAQs
Q: What services does Eurivex offer for bond issuance on Euroclear and CREST?
A: Eurivex offers comprehensive registry setup services for initial bond issuance, including ISIN and code acquisition, to make debt instruments eligible for trading on the Vienna MTF.
Q: How long does it take for Eurivex to complete the bond issuance process?
A: Once all required documents are provided, Eurivex typically takes 10 working days to prepare and submit the Information Memorandum, secure the ISIN, complete bond dematerialization, and secure final listing approval.
Q: Can Eurivex assist with clearing and settlement systems for bond trading?
A: Yes, Eurivex offers flexibility in choosing clearing systems, including options like Euroclear, CREST, or other global clearing houses, based on the issuer's preferences.
Q: What is the benefit of using Eurivex's complete package for bond listings?
A: Eurivex's complete package streamlines the process by handling listing, custody, and trading through a single entity, providing convenience and efficiency for clients.
Q: Where can I find the latest news and educational resources from Eurivex?
A: You can find the latest news and educational resources on Eurivex Ltd's website.