MultiBank Group Revolutionizes Finance with the Launch of MEX Exchange, the First Global ECN in the BRICS & GCC
May 20 2024 - 1:42PM
Business Wire
Naser Taher, the Founder of MultiBank Group, Unveils the
Exchange Platform Poised to Reshape the 2024 Financial World
Order
MultiBank Group proudly announces the commencement of the launch
of a groundbreaking Institutional Investor Electronic
Communications Network (ECN), MEX Exchange, the world’s first
global Institutional Investor Electronic Communications Network
(ECN) based in the BRICS and GCC countries, including Prime
Brokerage facilities and other related infrastructure that is set
to redefine the financial landscape. MEX Exchange is poised to
break the regional dominance of the USA and Europe in the global
ECN market and become the world’s leading venue.
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MultiBank Group Revolutionizes Finance
with the Launch of MEX Exchange, the First Global ECN in the BRICS
& GCC (Photo: Business Wire)
MEX Exchange has been built by seasoned team of developers,
utilising proprietary technology, under the direction of MultiBank
Group Founder Naser Taher and MEX Exchange CEO, David Ogg, who is
widely recognized as the creator of the first institutional ECN. As
the founder of HotspotFX, David played a crucial role in the
development and growth of ECNs and pioneered how prime brokerage
operated across multi venue platforms.
MEX Exchange has a strategic goal to enable banks and other
financial institutions in the emerging markets who have
historically been under served in best execution capabilities.
Throughout the BRICS and GCC, a regional focus and market
understanding including localised product offerings will enable MEX
Exchange to fill the void left by existing market participants in
their operations within the established markets.
Naser Taher, Founder of MultiBank Group, emphasizes the
significance of MEX Exchange: “Today, we unveil a major project
that will re-shape the 2024 Financial World Order. Within two to
three years, MEX Exchange will have a profound global impact,
delivering substantial financial returns and profits. As the only
ECN inter-bank trading platform based in the GCC and BRICS
countries, we’re at the forefront of change and innovation.”
ABOUT MULTIBANK GROUP
Founded in California, USA, in 2005, MultiBank Group has grown
to command a daily trading volume exceeding $12.1 billion, serving
over 1 million customers. MultiBank Group has matured into one of
the largest online financial derivatives providers globally,
offering an array of brokerage services and asset management
solutions. The group’s award-winning trading platforms offer a
diverse range of products, including Forex, Metals, Shares,
Commodities, Indices, and Digital Assets.
For more information, visit our websites:
- www.multibankfx.com
- www.mexexchange.com
- www.multibank.io
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Faouz Rejeb Faouz.rejeb@multibankfx.com