FAQ's

What is the role of Novox in the market?

NVX operates as a regulated European Investment Firm providing comprehensive brokerage solutions to mainly professional clients.

NVX specializes in Liquidity Provision, Online Trading Platform administration,Risk Management, and outsourced back office services ;

More recently, NVX has started offering an Incubation and Acceleration platform for potential start-ups and individuals within the financial sector

What services does NVX Capital is regulated for?

NVX Capital provides the following Investment and Ancillary services:

Investment services

  • Reception and transmission of orders in relation to one or more financial instruments
  • Execution of orders on behalf of clients
  • Dealing on own account

Ancillary services:

  • Safekeeping and administration of financial instruments, including custodianship and related services
  • Granting credit or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction
  • Foreign exchange services where these are connected to the provision of investment services
What services do NVX Capital offers?

NVX specializes in comprehensive financial services solutions such as:


Risk Management:

Our risk management solutions are here to assist brokers with own book risk management, either direct through our technology or under our dealing on own account licenses.  The Risk Management is a fully integrated, state-of-the-art solution that emphasizes a synergetic approach by combining data feed connectivity, pre and post processing, and instrument pricing. This helps to eliminate overall risk exposure as much as possible by utilizing real-time fraud prevention systems. The risk management model combines a sophisticated user-interface with automated calculations, thus providing us with a secure approach to eliminating risk.


Execution and clearing:

NVX can serve as an execution venue and can fill client orders that are submitted via another broker as a reception and transmission order. Brokers can receive and in turn transmit those order to NVX for completion.


We are able to provide and service a diverse client base including start-up brokers, fund managers, regulated financial services providers and individuals with front-end electronic trading and trade execution services, as well as brokerage, clearing, settlement and post-trade support.


Multi-Asset RTO

NVX can assist clients with multi-asset global brokerage services via our agency brokerage facilities. When acting as an agent we can enable clients to access exchanges and OTC markets worldwide.


Upon request, NVX can provide brokerage access to the following asset classes:

  • Worldwide equity exchanges and OTC markets
  • International bond markets
  • Futures & options exchanges
  • ETFs and managed funds

Online and Offline Trading

Our open ended structure allows our clients to select trading platforms that are best suited to their specific trading styles and business requirements. We can offer a variety of trading platforms with 24-hour trading access, real-time quotes, charting capabilities, and marked-to-market account information.


Market Making

We offer access to liquidity on multiple venues acting as an agent as well as a principle. As your liquidity provider we commit to provide liquidity for more than 260 assets including Stocks, Commodities, Indices and Currencies.  


Product Specialties:

  • Off-exchange FX
  • Contract for Differences (CFDs)
  • Binary Derivative Contracts

Safekeeping and Custodian

NVX offers Safekeeping and administration of financial instruments, including custodianship and related services.


Through our ancillary services clients can “safe-box” their assets with us by using our safekeeping and custody services. Clients can provide 3rd party prime brokers with access to your custodian assets held with us if required.


Operational & Administrative Support

Through NVX, professional trading groups can access a full suite of services ranging from electronic trading, execution and clearing to back office support. We make dealing with the necessary administrative and back office functions as smooth as possible.
What solutions do NVX Capital offers? How can Novox help my business?

Based on company’s innovative ideas and practices, can help/boost or even drives your company to success via the following solutions:


Incubation and Acceleration Platforms

Our emerging incubation and Acceleration platforms assist start-up companies and/or individuals within the financial sector with getting up and running to prove of concept before requesting further possible funding from sponsors. NVX will commit to such chosen concepts a working environment, mentorship, logistical support, and access to its commercial infrastructure.


What is an Incubator?

Incubators have been around since the late 1950s.Helping Start-up’s survive and grow during the start-up period. Assisting in logistical, practical and commercial issues. They typically offer expert mentorship, resources (office space and legal counsel).

What is an Accelerator?


What is an Accelerator?

The first known Accelerator program was introduced in 2005. One of the main objectives of an accelerator is to grow an existing company. Services available to such companies are usually more comprehensive. Accelerators are likely to focus on wider spectrum of sectors. Mentorship is one of the main advantages provided.


Who we can help?

  • Start-Up Brokerage Incubation
  • Money Manager Incubation

In addition provides B2B Consultancy Services:

  • The NVX team consists of a diverse pool of talent covering nearly every aspect of the buy and sell sides of the retail financial services industry
  • Our fee-based talent pool is at your disposal to help you hit your target and avoid costly mistakes by providing you with the facts
What financial assets do NVX Capital provides?

Cash Equities and Bonds

NVX is authorized to transact in Transferable Securities.

Upon request, NVX can provide clients with access to trade and deal in investments which are negotiable on the capital market such as shares in companies and other investments equivalent to shares in companies, partnerships or other entities or capital return and interest investments known as bonds, via global exchanges and OTC venues.


Money Market Instruments

NVX is authorized to transact in Money Market Instruments.

Upon request, NVX can arrange for its clients to deal in Money Market Instruments, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.


UCITS

NVX is authorized to transact in Units in Collective Investment Undertakings.

Upon request, NVX can arrange for its clients to deal in Units in Collective Investment Undertakings “UCITS” or undertakings for the collective investment in transferable securities” are investment funds regulated at European Union level.


Derivative Contracts

NVX is authorized to transact in Derivative Contracts such as Options, Futures, Swaps, Forward Rate Agreements relating to Securities, Commodities, Currencies, Interest Rates or Yields, or other Derivatives Instruments, Financial Indices or Financial Measures or for the Transfer of Credit Risk which may be settled physically or in cash, default, that can be settled via OTC or traded on a regulated market or / and an MTF.


As an example, NVX is authorized to provide Foreign exchange services connected to the provision of investment services. Upon request, NVX can arrange for its clients to deal in the Foreign exchange markets, FX is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world.


CFDs

NVX is authorized to transact in Financial Contract for Differences, also known as CFDs.

Upon request, NVX can arrange for its clients to deal in CFDs, these are a form of derivative trading that enables speculators to speculate on the rising or falling prices of fast-moving global financial markets (or instruments) such as shares, indices, commodities, currencies and treasuries with the differences in settlement are made via cash payments, rather than by the delivery of physical commodities or securities.


Funds

Upon request, NVX can assist investors and money managers with due diligence and accessing traditional and alternative funds. NVX can also serve as a capital introducer for funds, thereby connecting investors with fund and money managers.
By which regulations Novox is authorized and regulated?

CySec

NVX is authorized and regulated by the Cyprus Security and Exchange Commission (CYSEC) under license number 224/14 (http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37630/) and under the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007), and subject to CySEC Rules.

(http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37630/)


MIFID

The Markets in Financial Instruments Directive (MiFID), is a European Union law that provides harmonized regulation for investment services across the 30 member          states of the European Economic Area (the 27 Member States of the European Union plus Iceland, Norway and Liechtenstein).


LEI

As a CIF regulated by CySEC, NVX has its Legal Entity Identifier (LEI) code: 213800X255766OQIKN14, registered with the London Stock Exchange. LEIs are                   identification codes that enable consistent and accurate identification of all legal entities that are parties to financial transactions, including non-financial institutions. The    use of the LEI has been mandated by the European Securities and Markets Authority (ESMA) for the reporting of derivative transactions to Trade Repositories under EMIR.


EMIR

European Market Infrastructure Regulation (EMIR) is a European Union regulation designed to increase the stability and transparency of the over-the-counter (OTC) derivative markets throughout the EU states.
How safe is my ‘’safe money’’ under Novox Capital?

All clients’ funds are held in segregated accounts within secure banking institutions, and are totally separated from any and all NVX corporate accounts.  Client funds cannot be used by NVX for its own needs for any reason, under any circumstances.


NVX is a member of the Investment Compensation Fund (ICF), which protects clients’ funds (up to a maximum of €20,000) in the event that the company cannot return to its clients funds owed to them or funds which belong to them, which are held by the Company.


In addition, NVX Capital co-operates with a network of the best companies receiving services from:

  • AML Services: Active Services (Cyprus) Limited
  • Banks: Bank of Cyprus, Piraeus Bank, Cardpay Ltd., CSOB
  • Internal Auditor: Yiakoumi & Partners Ltd.
  • Corporate services: HCS Corporate Services Ltd, Primeserve secretarial Ltd.
  • External Auditor: K. Treppides & Co Ltd
  • Compliance advisors: MAP S.Platis
  • IT support: Onset Solutions Ltd.
  • Legal adviser: C.D. Messios L.L.C.
  • Technology services: Point Nine Financial Technologies Ltd