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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.”