Exclusive: MultiBank Exchange Group Scores Unprecedented Victory Against Hong Kong SFC   5th March 2018, Hong Kong— Exclusive Report from Finance Magnates MultiBank Exchange Group has scored a major victory against the Hong Kong financial regulator, the Securities and Futures Commission (SFC). The firm’s solicitors have managed to successfully force the regulator to cancel an alert that it issued against the firm in February. The Hong Kong Court gave a priority hearing the go-ahead, resulting in action by the Hong Kong regulator, which cancelled the alert 4 hours prior to the official hearing on the matter. According to court documents seen by Finance Magnates, the Senior Counsel and Clyde & Co issued an urgent application before the High Court of Hong Kong. The solicitors of MultiBank Exchange Group sought an order to restrain the SFC from putting the MultiBank Exchange Group on its alert list. A Speedy Resolution The Hong Kong Court gave the go-ahead for priority handling for the filing and listed the application to be heard in the High Court of Hong Kong at 3pm on Friday 2nd March 2018. After the action, on Friday morning, the SFC had an urgent meeting and backed away from the warning that the regulator had hastily issued. Just 4 hours before the hearing, Clyde & Co received a telephone call from the SFC confirming that the SFC…

MEX Asset Management: MultiBank Exchange Group Acquires German Niche Operator   January 2018-- As reported by Private Banking Magazin Fortinbras Asset Management has been rebranded as MEX Asset Management GmbH (MEXAM) after being acquired by online financial derivatives provider MultiBank Exchange Group. MultiBank can now offer asset management services for private bankers as well as institutional investors out of Frankfurt. MultiBank Exchange Group (MultiBank) – one of the largest online financial derivatives providers worldwide – has bought out German niche provider Fortinbras Asset Management. Since its acquisition in the fall of 2017 the Eschborn based firm operates under the brand name MEX Asset Management (MEXAM). Applying MultiBank's FX strategy to index products, MEXAM will address an audience of private bankers and institutional customers, says MEXAM Managing Director & CEO Chris Kennedy, speaking to this private banking magazine. MEXAM is currently looking for a new office location in Frankfurt where they can expand their global asset management business. At the outset, MultiBank had envisioned the UK to be the seat of its asset management business, but changed its mind in favor of Germany after the Brexit-referendum. The predecessor company Fortinbras Asset Management was founded in 2004 as a specialist boutique to structure, manage and distribute FX-related strategies. The business license according to paragraph 32 German KWG law granted by BaFin financial authority, including among other activities…

MultiBank Obtains BaFin License and Expands Its Business through Acquisition and Aggressive Growth     December 5, 2017 (Hong Kong) – MultiBank Exchange Group ("MultiBank Group") announced today that is has secured the German Financial Regulator's approval to acquire 100% shares of MEX Asset Management GmbH and is now in the process of establishing its European headquarters in Frankfurt, Germany. The new European headquarter of MultiBank Group in Frankfurt has been planned since early 2017, and will have a particular focus on the DACH countries (Germany, Austria and Switzerland), offering a unique suite of financial services and innovative products. Commencing early 2017, MultiBank Group has concentrated its efforts and resources to increase its regulatory status and expand into Europe and other jurisdictions. The regulatory expansion resulted in the addition of new licenses through MEX Asset Management GmbH in Germany (regulated by BaFin), MultiBank FX International in the British Virgin Islands (regulated by the FSC) and MEX Wealth Management Limited in the Cayman Islands (registered with CIMA), making MultiBank Group one of the most regulated online financial derivatives company in the industry. Given the upcoming Brexit and the forthcoming MIFID 2 regulations going live in January 2018, which is likely to cause substantial changes in Europe's regulatory environment, particularly the restrictions which will be placed on FCA regulated firms to passport into Europe, the Board of…

MultiBank Launches MetaTrader 5 Platforms: MT5 Standard & MT5 Pro   MultiBank Exchange Group is pleased to announce the addition of MetaTrader 5 (MT5) to its selection of trading platforms. MultiBank’s MT5 Standard & MT5 Pro platforms are now on offer, providing all of the familiar features provided by our MT4 platforms, but with several key additional features, including an improved software interface, a new user-friendly programming language (MQL5), extra built-in technical indicators and more timeframes, giving traders an enhanced overall trading experience. Like MT4, MT5 is a flexible and extremely reliable trading platform with appeal to beginners and experts alike. Major improvements in this version of MetaTrader include enhanced security and encryption, an improved strategy tester, integrated MQL forex market products tabs for EAs, as well as built-in economic calendar tab with release schedules, previous data, market consensus and level of impact. MultiBank is proud to utilize this cutting-edge technology to offer its esteemed customers an enhanced trading environment with the MT5 Standard and MT5 Pro platforms. Click here for more information about our MT5 Standard & MT5 Pro platforms and start trading today!    

Launch of MEX Wealth Management Corporation   MultiBank Exchange Group is excited to announce the launch of MEX Wealth Management Corporation to meet the increasing demand of its high net worth clients for first-rate asset-management solutions. Registered in the Cayman Islands and awarded a license (reference number: 1425303) by the Cayman Islands Monetary Authority (CIMA), the outstanding asset-management solutions offered by MEX Wealth Management Corporation underscore MultiBank Exchange Group’s commitment to offering its clients the highest level of service possible. Following the recent listing of the MultiBank Index on the Frankfurt Stock Exchange, the launch forms an integral part of MultiBank Exchange Group’s strategy of global expansion and adds further to the increasing breadth of product offerings and financial solutions the group offers its esteemed client base.

Launch of MultiBank FX International   MultiBank Exchange Group is delighted to announce the launch of MultiBank FX International. Regulated by the Financial Services Commission (FSC) in the British Virgin Islands (certificate number: SIBA/L/14/1068), MultiBank FX International offers a wide range of products, including real time forex, metals, indices, stocks, commodities and bonds. Segregating accounts and adhering to very high levels of financial oversight, MultiBank FX International provides exceptional service to better serve the international market and our institutional clients. The launch of MultiBank FX International follows the success of MEX Exchange and MEX Clearing, reflecting the global presence of MultiBank Exchange Group and our worldwide expansion.

MEX Prime Institutional Division Launched   MultiBank Exchange Group announced in Q3 2017 the launch of its new institutional division, MEX Prime. Launched in the strategically-important financial hub of Hong Kong, the division delivers bank liquidity, white label solutions, cutting-edge technology and exclusive relationship-management to institutional and high net worth clients. MultiBank has over a decade of experience in providing banks and brokers with the financial, technological and regulatory solutions to enable them to establish and run their own financial services brokerage firms. The launch of MEX Prime takes this expertise and level of commitment to new highs.

MultiBank Index Listed on the Frankfurt Stock Exchange   In a statement on behalf of the Board, Mr. Naser Taher, Chairman of MultiBank Exchange Group, stated: “We are proud to announce that the MultiBank Index has been listed on the Frankfurt Stock Exchange as of July 2017. The MultiBank Index is a rule-based, systematic strategy index that captures the performance of a selection of different FX contracts or equivalent derivative instruments utilizing the latest cutting edge FinTech algorithms which suit the requirements of our loyal customers by providing simple, fair, transparent and liquid investment markets. We are proud to be associated with the Frankfurt Stock Exchange, particularly that it is one of the world's largest trading centers for securities and is the world's 10th largest stock exchange by market capitalization, owned and operated by the German Stock Exchange. This expansion of the MultiBank Exchange Group in Germany is just the start of our expansion in Europe, and our Wealth Management division is currently in the process of purchasing a BaFin regulated entity in Frankfurt. We look forward very much to becoming one of the substantial players in the DACH (Germany, Austria, Switzerland) financial markets and we are confident of our long term success in this most important market.”

MultiBank Exchange Group Tops Insights Success Magazine's "30 Most Admired Companies of 2017" List

MultiBank Opens Vietnam Office January 2017, Ho Chi Minh City, Vietnam-- MultiBank Exchange Group kicked off 2017 with the launch of its Vietnamese branch office on 1st January 2017. Over the past few years, the Group has seen a significant rise in the demand of financial services in Southeast Asia, and has thus established a branch office in the strategic city of Ho Chi Minh City in order to tailor to the needs of their clients in this region. The office is centrally located in Ho Chi Minh City's central business and financial district and consists of an experienced team who have years of forex and finance expertise combined.  

Launch of MultiBank Exchange   Mr. Naser Taher, the Chairman of MultiBank Exchange Group, announced today the restructuring of the Group under a new trademark name of "MultiBank Exchange Group" ("MEX Group"), with a new holding company based in California, USA. As part of the restructuring, the MultiBank Exchange Group also announced today the establishment of a ground-breaking Forex Exchange Communication Network, which will commence its operations on Monday 18th July 2016 under the name MultiBank Exchange. The Board of MultiBank Exchange Group has decided to undertake this momentous step in support of the new global code of conduct in the Foreign Exchange markets which was decided by a panel of 21 central banks worldwide on 23rd May 2016.   At the heart of the MultiBank Exchange is an advanced price matching engine, offering clients the ability to trade currencies with greater liquidity, speed, reliability, transparency and the highest level of market depth so as to form a complete exchange trading platform serving individuals, brokers, financial institutions and banks, which shall also involve client to client technology. In addition, Mr. Taher announced that the newly restructured Group has amalgamated its asset portfolio with 100% of the shares and assets of MultiBank Exchange Group, an online financial services group with assets in China, Hong Kong, UAE, Australia, as well as the Datong brand name, being a…

MultiBank Exchange Group Awarded "Best Forex Trading Platform Asia & Europe 2015"   In December 2015, MultiBank Exchange Group was awarded as the Best Forex Trading Platform Asia & Europe 2015 by Capital Finance International (“CFI”), an internationally recognized news company that reports on economic and financial markets worldwide. MultiBank Exchange Group was nominated by CFI audiences and was shortlisted for final consideration by the judging panel in the last quarter of 2015. The award was announced during the CFI annual gala in London, and was released to over 97,000 subscribers worldwide. The award was given based on the consideration of numerous factors, but MultiBank Exchange Group was particularly recognized for its state-of-the-art and proprietary electronic communications network (ECN) which enables MEX Group to plug its clients trading orders directly into the market, thus obtaining a true and high-definition picture of trading activity. MultiBank Exchange Group gives investors access to a comprehensive range of products such as forex, precious metals, non-deliverable forwards (NDFs), CFDs (contract for difference), and options, amongst others. MultiBank Exchange Group deploys a fully-featured trading platform that it developed in-house to ensure a seamless connection between investors and the markets. After the award was announced, CFI issued a press release which stated this “Executing close to $6bn worth of trades each day, MultiBank Exchange Group is a force to reckon with in…

MultiBank Exchange Group Signs a Historical Memorandum of Understanding (MOU) with the Tianjin Government of China 17th October, 2013 (Tianjin, China)-- MultiBank Exchange Group is proud to announce that it has entered into a Memorandum of Understanding (“MOU”) with the Tianjin Government of China on 17th October 2013. This latest collaboration between MultiBank Exchange Group and the Tianjin Government is an extension of the Tianjin ECN Agreement signed between the two parties on 28th September 2011.   The development also involves the establishment of the Multibank Exchange (“MEX”) in Wuqing city, being the first-of-its-kind interbank Forex ECN trading platform in China. The new commercial and residential center will become both the main landmark in Wuqing city as well as a long-term source of employment, taxation and economic progress for Wuqing city. MultiBank Exchange Group and Wuqing city are partners. But, the lead role will be played by MEX Group, which will be responsible for the design, construction, completion and management of the entire development.   Naser Taher, the Chairman of MultiBank Exchange Group stated “This recent MOU involves a partnership between MultiBank Exchange Group and the Tianjin Government to build and develop one of Northern China's premier large-scale mixed-use residential and commercial real estate projects comprising of a landmark tower, containing a commercial shopping center, a 5 star hotel, residential high-rise buildings, commercial offices, service…

MultiBank Exchange Group Chairman Mr. Naser Taher was honored as Senior Counselor for the Chinese Government of Tianjin July 2013 (Tianjin, China)-- On 29th July 2013, the Capital Resources Project Promotion and Signing Ceremony was held in Tianjin’s Heping District, with MultiBank Exchange Group’s Chairman, Mr. Naser Taher, being honored with the title of “Senior Counselor for the Chinese Government of Tianjin Financial Investment Authority” by the Government of Tianjin. This accolade is another important milestone for MultiBank Exchange Group since becoming China's largest Forex ECN company thanks to a RMB 2 billion capital increase of its Chinese subsidiary earlier this year. This award reasserts the numerous acclamations that MultiBank Exchange Group has received over the years for its high standard of customer services in the Asian financial trading market, and its exclusive leadership in China's Forex market.  

MultiBank Establishes MEX Australia MEX Australia Introduction MEX Exchange (DBA MEX Australia) is the Australian division of MultiBank Exchange Group and is based in Sydney, Exchange, offering real time Forex, Metals, CFDs, Options and Non Deliverable Forwards trading to private individuals, hedge funds, brokerages, market makers and banks. MEX Exchange is the registered trading name of MEX Exchange Pty Ltd. MEX Australia is regulated by the Australian Securities and Investments Commission (ASIC).   MEX Exchange Advantages: • MEX Exchange is the registered trading name of MEX Australia Pty Ltd. MEX Exchange is regulated by the Australian Securities and Investments Commission (ASIC) • Client Segregated Trust account held with major international banks in Australia. • Leverage up to 500:1. So you can maximise your investment. • 24 Hour on-line Trading. Access 24 hour, 2 way streaming interbank pricing on FX, spot gold, silver, oil, and indices. Trading platform is a free and easy to use click and deal trading platform. Full telephone support available. • From 0.7 pip spreads on Major Currencies. Trade transparent competitive two-way streaming prices. Enjoy our integrity on pricing with the most competitive spreads and consistent liquidity on the widest range of currency pairs. • Instantaneous auto trade executions. What you see is what you get. See the prices that you buy or sell at in your chosen market. No price slippage…

Historical ECN Agreement Signed with Tianjin Government On 28th September 2011, MEX Group's Chinese subsidiary signed a historical agreement with the Chinese Tianjin Municipal People's Government Financial Affairs Office. The Agreement was signed in order for the Tianjin Municipal People's Government to collaborate and support MEX Group to establish and operate an Electronic Communication Network ("ECN") Foreign Exchange ("Forex") Exchange that would enable banks, financial institutions and investors to participate in the International Forex Market. The establishment of this ECN Forex Exchange was exclusively approved by the relevant governmental authorities of the Tianjin Municipal People's Government, and this project was soon after named the MultiBank Exchange Project ("MEX"). The MEX JVC business scope is to implement and carry out the development, management and administration of the MEX as the first Forex Exchange of its type in the BRICS countries in general and China in particular, for international interbank Forex trading. Participants in the MEX Project shall include large banks, central banks, institutional investors, currency investors, financial speculators, corporations, governments and other financial institutions spread worldwide. In relation to the establishment of the MEX Project, Mr. Zak Taher, CEO of MEX Group Financial Services (Tianjin) Corporation, stated, "We have been spearheading trading systems in Asia since 2001. With this first of its kind enterprise, being a Joint Venture fully supported by the Tianjin Government, we have…

ECN System Developed MultiBank raises the bar worldwide in the Foreign Exchange marketplace with the development of its own proprietary ECN system for both individual traders and institutional partners.

The Establishment of MultiBank MultiBank was established in the United States in 2005. Since its launch, it has evolved into one of the largest financial institutions worldwide, with a current paid up capital of over US $322 million.