MultiBank Group proudly announces the launch of MEX Exchange, a groundbreaking Institutional Investor Electronic Communications Network (ECN).
This innovative platform is the world’s first global Institutional Investor ECN based in the BRICS and GCC countries, featuring Prime Brokerage facilities and other related infrastructure designed to revolutionize the financial landscape.
Challenging the Dominance of USA and Europe
MEX Exchange is set to challenge the regional dominance of the USA and Europe in the global ECN market, positioning itself as the world’s leading venue.
Built by a seasoned team of developers utilizing proprietary technology, the platform operates under the direction of MultiBank Group Founder Naser Taher and MEX Exchange CEO David Ogg.
Recognized as the creator of the first institutional ECN, David Ogg brings his pioneering expertise to the development and growth of MEX Exchange. As the founder of HotspotFX, David has played a crucial role in the evolution of ECNs and the operation of prime brokerage across multi-venue platforms.
Expertise Behind MEX Exchange
Furthermore, MEX Exchange aims to empower banks and other financial institutions in emerging markets, which have historically been underserved in terms of best execution capabilities.
By focusing on the BRICS and GCC regions, MEX Exchange leverages its regional insights and localized product offerings to address the gaps left by existing market participants.
Empowering Emerging Markets
MultiBank Group believes that MEX Exchange will not only fill a critical void in these emerging markets but also set a new standard for global financial trading.
This launch marks a significant milestone in the evolution of ECNs, reaffirming MultiBank Group's commitment to innovation and excellence in the financial industry.
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