PrimaryMarkets Pty Limited and its wholly owned subsidiary Helmsec Global Capital Pty Limited (together, “PrimaryMarkets”) are delighted to announce a Non-US Broker-Partner Agreement (“Agreement”) with Forge Securities LLC (“Forge Securities” or “Forge Markets”), a wholly owned subsidiary of Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE).
PrimaryMarkets is a wholly owned subsidiary of Complii FinTech Solutions Ltd (ASX.CF1).
Forge, a leading global private securities marketplace, has enabled more than US$12B in transactional trading volume across more than 500 private companies for participants in more than 70 countries by connecting and facilitating transactions between buyers and sellers of private company securities.
Under the Agreement:
- PrimaryMarkets may introduce potential customers to the Forge Securities platform, on which Forge Securities facilitates purchases and sales of private company securities.
- Forge Securities may introduce its customers to the PrimaryMarkets platform, through which investors have the opportunity to invest in certain Pan-Asian-based unlisted/private companies.
Marcus Ritchie, CEO of PrimaryMarkets, said:
“PrimaryMarkets is delighted to partner with a leader in secondary trading for US-based private companies with its expansive buy-side and sell-side network.
We believe that secondary trading opportunities on the Forge platform will prove most attractive for PrimaryMarkets’ 110,000+ investor network.
In addition, we also believe that providing a significant number of private company opportunities enables for our investors a much broader choice when seeking to access private company securities. This partnership enables our investors the potential to transact in investment opportunities through the Forge platform.
PrimaryMarkets are excited that Forge has selected us for this important initiative as we seek to expand opportunities for our investors.”
Jennifer Phillips, Forge Chief Growth Officer and President of Forge Markets said:
“Through our ecosystem of global partners, Forge is broadening access to the private market for an increasing number of participants in this growing asset class. We believe our partnership with PrimaryMarkets will help enable liquidity for Australian-based companies and investment opportunities for PrimaryMarkets’ more than 110,000 global investors in Australia and beyond.”
PrimaryMarkets – The Trading and Investment Platform for Unlisted Shares. PrimaryMarkets provides an end-to-end solution for trading existing shares, raising new capital and full transaction management with seamless execution from trading through to registry.
PrimaryMarkets have 110,000+ global investors (40% within Australia) providing the following:
Private Trading Hubs – Trading facility for existing shares in unlisted companies and Funds.
Secondary Trading – Multiple one-off trading opportunities for securityholders in private companies and Funds.
Raising New Capital – Non-exclusive distribution of new raisings by private companies and Funds.
Digital Registry Services.
Investor Centres – Connecting companies and Funds to Investors promoting liquidity and increasing market presence.
Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. By combining world-class trading technology and operating expertise, Forge Markets enables private company shareholders to trade private company shares with accredited investors. Forge Company Solutions, Forge Data and Forge Trust along with Forge Markets help provide additional transparency, access and solutions that companies as well as institutional and accredited investors need to confidently navigate and efficiently transact in the private markets. Securities-related services are offered through Forge Securities, which is a registered Broker Dealer and Member of FINRA/SIPC, an alternative trading system.
For more information please contact:
Marcus Ritchie, CEO
Lindsay Riddell, SVP Global Comms [email protected]