Tag: 24 Exchange

24 Exchange reports a record Forex NDF Trade Volumes in October
March 01, 2023 BY Steffy Bogdanova

24 Exchange reports record Forex NDF trade volume in February

24 Exchange CEO and Founder Dmitri Galinov, said: We are very pleased to see such a record-setting response to our FX NDF offering. Our platform is uniquely able to bridge the bifurcated pool of liquidity in NDFs to unlock a single anonymous pool of liquidity for discerning institutional customers. Our growing company remains committed to…

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March 07, 2022 BY Steffy Bogdanova

24 Exchange raises $7 million in latest funding round

Dmitri Galinov, CEO and Founder of 24 Exchange, said: This new round of investment will help 24 Exchange extend our institutional trading offerings within and beyond FX and cryptocurrency products. We welcome the backing of such proven investors as Mark Yusko's Morgan Creek Digital, Aspire Financial and Blackwells Capital as we work to bring new…

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February 17, 2022 BY Steffy Bogdanova

24 Exchange secures Bermuda license to trade crypto

Dmitri Galinov, 24 Exchange CEO and Founder, said: This BMA license for 24 Exchange Broker Ltd. enables us to bring spot cryptocurrency trading onto our institutional-grade platform, making it more available, accessible and standardized. We are pleased to continue to drive the institutional adoption of crypto products trading at the best available rates and with…

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December 03, 2021 BY Steffy Bogdanova

24 Exchange raises $14 million in a funding round led by Point72 Ventures

Dmitri Galinov, CEO and Founder of 24 Exchange, said: In the company's first 24 months, we've successfully delivered an over-the-counter FX trading solution to clients that offers significantly reduced costs and improved functionality. We look forward to putting this additional operating capital to work to further expand our offerings beyond FX Non-Deliverable Forward (NDF) trading,…

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November 18, 2021 BY Steffy Bogdanova

FairXchange to provide data analytics for 24 Exchange

Dmitri Galinov, 24 Exchange CEO and Founder said: We are very pleased to be joining with the data analytics experts at FairXchange. The real-time insights and information the company’s Horizon product provides will enhance 24X’s ability to assess performance and improve the efficiency of our robust institutional-grade platform. Guy Hopkins, Founder & CEO, FairXchange added:…

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acquisition
July 28, 2021 BY Alan Sayer

11B Technologies acquired by 24 Exchange

These software options are mainly aimed at Crypto NDFs and Crypto Spot. As this is an area of the business that 24 Exchange is looking to enhance, it makes sense that these software solutions are the first to be added to the 24 Exchange platform. It will also add low latency software to the 24…

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Forex Weekly Look Back
January 15, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Swissqute revenue expectations rise 5%, ActivTrades adds commission-free equities trading

CLS, a market infrastructure delivering settlement, processing and data solutions, has announced that Alfa-Bank and First Abu Dhabi Bank (FAB) have agreed to initiate onboarding to CLSNet, a standardized, automated bilateral payment netting calculation service for more than 120 currencies. The CLSNet service standardizes and increases the levels of payment netting in the FX market. By…

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January 15, 2021 BY Steffy Bogdanova

24 Exchange names Julie Ros marketing & business development consultant

Galinov continued: We look forward to benefitting from Julie's strategic marketing skills, extensive contacts and business building insights as we work to enhance 24 Exchange's position as one of the world's leading FX brands. Most recently, Ros established and provided strategic counsel to Foreign Exchange Professionals Association (FXPA), a trade association that represents the $6.6…

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