GURUFOCUS.COM » STOCK LIST » Technology » Software » PEXA Group Ltd (ASX:PXA) » Definitions » Fixed Maturity Investment

PEXA Group (ASX:PXA) Fixed Maturity Investment


View and export this data going back to 2021. Start your Free Trial

What is PEXA Group Fixed Maturity Investment?

Fixed Maturity Investment only applies to insurance companies.


PEXA Group (ASX:PXA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.