BMLL partners with ARTEX Global Markets to democratise art investing

  • The partnership is set to facilitate the delivery of services for the world’s first regulated Art Multilateral Trading Facility (MTF).
  • Joint offering allows market participants to track the intraday price of artwork for the first time, re-defining the way art-financial data can be re-distributed and analysed

  • SIX to provide value-added services to ARTEX in clearing and real-time data dissemination

London, 19 July 2024: BMLL, the leading, independent provider of harmonised, historical Level 3, 2 and 1 data and analytics across global equity, ETFs and futures markets, today announced a partnership with ARTEX Global Markets, the regulated art-focused multilateral trading facility (MTF), to redefine the way intraday art-financial data can be re-distributed and analysed.

The collaboration brings together exclusive pricing data from the art market from ARTEX Global Markets with the ability to access and analyse the historical data within the BMLL Data Lab. In this context, SIX supports this collaboration by providing value-added services to ARTEX Global Markets not only in the clearing space (SIX x-clear), but also in the real-time market data dissemination (SIX MDDX feed).

The partnership between ARTEX and BMLL will democratise art investing by bringing together ARTEX Global Markets’ regulated Art MTF and BMLL’s commitment to empower capital markets participants with advanced analytics. The ARTEX Global Markets data will enhance BMLL’s analytics, enabling more accurate predictions of securities’ future price movements and optimising trading strategies for clients.

The art pricing data provided by ARTEX Global Markets can be accessed via the BMLL Data Lab secure cloud environment, enabling scalable research without the burden of data sourcing, data curation or data engineering. Market participants will be able to track the intraday price of artwork for the first time.

Alexandre Reynaert, Chief Technology Officer, ARTEX Global Markets said “For the first time in history, ARTEX Global Markets allows continuous market data for blue-chip art masterpieces. BMLL enables consistent historical data availability, and provides valuable analytics to market participants. ARTEX Global Markets is delighted to partner with BMLL to promote transparency and accessibility for art trading data, creating a new asset class.”

Paul Humphrey, Chief Executive Officer, BMLL said “ARTEX Global Markets enables investors to trade shares of iconic masterpieces on a fully regulated venue. This collaboration is set to democratise information across both art and financial markets and enable art investing in an unprecedented way.

Marc Berthoud, Head Exchange Data Strategy, SIX Exchange, said “ARTEX enables the emergence of a new fully bankable securitised asset class: painting masterpieces. SIX is proud to disseminate top quality ARTEX market data. This paves the way for BMLL to deliver premium advanced analytics for this appealing emerging asset class.”


About BMLL

BMLL Technologies is the leading, independent provider of harmonised, Level 3, 2 and 1 historical data and analytics to the world’s most sophisticated capital market participants, covering global equities, ETFs and futures.

BMLL offers banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to the most granular Level 3, 2 and 1 T+1 order book data and advanced pre and post-trade analytics. BMLL gives users the ability to understand market behaviour, accelerate research, optimise trading strategies and generate alpha more predictably.

Founded in 2014 in the machine learning laboratories of the University of Cambridge, the platform enables researchers and quants across global financial services firms to apply complex statistical techniques to BMLL’s unique big-data sets with applications such as market impact, pre and post trade analytics, order book simulation and compliance. Users no longer need to buy, curate and harmonise data. With BMLL, they gain cost-effective, instant access to a cloud-native Data Science environment via a single web portal, with a long history of the most granular, full order book data across global equities, futures and ETFs for back-testing and simulation, delivered directly into their workflows.

BMLL secured $26 million in its Series B funding round in Q4 2022, led by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund to fuel further product and geographic expansion. Snowflake Ventures joined the investment round in September 2023.

For more information please explore our website and follow us on X (Twitter) and LinkedIn.

About ARTEX Global Markets

ARTEX Global Markets (ARTEX GM) operates a secure and liquid art-focused multilateral trading facility, regulated, and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework. Providing easy access to a traditionally exclusive fine art market, ARTEX GM aims to democratise investing in artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century. ARTEX GM-listed masterpieces will be on public display, in museums and exhibitions around the world. ARTEX GM will strive to empower investors by offering the latest news, market insights and educational content to allow wider participation in art investing. ARTEX GM was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi. ARTEX GM is operated by ARTEX Global Markets AG, a company incorporated in the Principality of Liechtenstein under company number FL-0002.682.571-2 with registered offices at Wuhrstrasse 6, 9490 Vaduz, Liechtenstein. ARTEX GM is regulated by the Financial Markets Authority under reference number 307407. For more information about ARTEX, please visit www.artexgm.com

About SIX

SIX operates the infrastructure for the financial centers in Switzerland and Spain, thus ensuring the flow of information and money between financial market players. SIX offers exchange services, financial information and banking services with the aim of increasing efficiency, quality and innovative capacity along the entire value chain. SIX is also building a digital infrastructure for the new millennium.

SIX connects financial market participants in Switzerland, Spain and throughout the world. The company is owned by around 120 national and international financial institutions. They are the main users of our services and our most important customers. Our close relationship with them guarantees stability of the financial infrastructure and processes, proximity to clients’ evolving business needs and competitive prices.