Skip to content
  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
wikifx

wikifx

  • Home
  • About
  • Contact
  • Page
  • ​Master SEO Tactics
  • Top 9 Finance News Websites Ranking
  • Toggle search form
  • PandaTS adds OneSignal messaging capabilities to its FX broker solution forex news
  • Robinhood IPO filed: 17.7M active users, $81B client assets, 50% first-time investors forex news
  • Cornerstone FS hires Robert O’Brien to head new Dubai office forex news
  • Nasdaq to begin migrating markets to AWS in 2022 forex news
  • NZ regulator issues guidance on advertising of financial products forex news
  • oneZero launches analytics to evaluate impact of last look forex news
  • CFTC seeks to suspend registration of Mississippi CTA due to criminal charges forex news
  • Saxo Bank OpenAPI to introduce Extended Asset Types forex news

24 Exchange acquires Eduard Yusupov’s FX/crypto tech co 11B Technologies

Posted on 2021-07-28 By admin No Comments on 24 Exchange acquires Eduard Yusupov’s FX/crypto tech co 11B Technologies

After recently receiving its crypto trading license, Bermuda domiciled electronic trading venue 24 Exchange has announced the acquisition of New York-based technology and service provider 11B Technologies.

11B Technologies was established last year by former FXCM co-founder Eduard Yusupov (pictured at right). The company has been providing low latency software and connectivity solutions for 24 Exchange in FX Swaps and FX Spot. The acquisition of 11B includes the company’s IP and software.  In addition, the 11B software development and business support team and its president will join 24 Exchange.

Dmitri Galinov, 24 Exchange CEO and Founder, said,

“24 Exchange intends to aggressively expand into additional products such as Crypto physical and Crypto NDFs. Our acquisition of 11B provides the ideal technological platform for that expansion. 11B has developed incredible low latency, robust and very scalable software across a range of clients and asset classes. We have been working with the talented 11B team for a long time, and are very happy to welcome them into the 24 Exchange team.”

Eduard Yusupov, President and Founding Partner of 11B Technologies, said,

“We are excited to join 24 Exchange. This team has a unique vision, drive and the expertise needed to seize market opportunities and compete with existing service providers on a global scale. This acquisition creates substantial value and synergy for the shareholders of 24 Exchange. This combination will bring new technology offerings to 24 Exchange customers and help expand market reach and service capabilities.”

Among its services, 11B provides order, execution and risk management systems for FX Spot, FX Swaps, FX NDF, Crypto Spot and Crypto NDFs. It also provides matching engine, CRM and back office connectivity through FIX API, GUI and mobile interfaces. 11B technology provides post-trade and third-party systems integrations with matching engines located in Equinix data centers in London and New York (LD4 and NY4).

24 Exchange is a multi-asset class trading platform that allows market participants to exchange their exposures at the lowest possible cost. The company’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. 24 Exchange Bermuda Limited is regulated by the Bermuda Monetary Authority for the purposes of conducting Digital Asset Business, pursuant to the Digital Asset Business Act.

forex news Tags:forex-news

Post navigation

Previous Post: FlexTrade Systems’ FlexNOW EMS to integrate with FINBOURNE’s LUSID
Next Post: Italy stops short of introducing national restrictions on turbo certificates

Related Posts

  • SEC pushes for entry of default against Pini Peter, Spot Option forex news
  • IS Prime reports Revenues of £37.9 million and £10.1 million Operating Profit in 2021 forex news
  • Swissquote UK CEO Federico Cirulli resigns forex news
  • Saxo Markets Australia lowers costs for investing in US and ASX equities forex news
  • Microsoft expands global payments relationship with Worldpay from FIS forex news
  • Former HSBC director faces call for testimony in CFTC case forex news

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • EUR/USD Holds Near 1.05 as Fed, ECB Policies Shape Market Sentiment
  • Gold Prices Hold Steady Amid Global Economic Uncertainty
  • Australian Dollar: How RBA Policies, Commodity Prices, and Global Tensions Are Shaping the AUD’s Market Performance
  • EUR/USD: Understanding the Currency Pair’s Trends
  • USD Under Pressure: Navigating Economic Data and Global Uncertainties

TAG

Axiory Review 2022 B2B B2Broker News Basic Forex Knowledge broker brokers brokers in the UK Brokersview Broker tools CFDs coin News cryptocurrency Cryptocurrency News Crypto News dogecoin FCA news finance forex forex-news Forex Broker Forex Brokers Forex Demo Account Forex market forex news forex scams forex time Forex trading fx fxtrader fxtrading Global Forex Gold Analysis HotForex InstaForex LiteForex Review 2022 markets work MT4 MT5 news OctaFX Review Samtrade FX South Africa trade Forex traders Trading Forex
  • Saxo Bank clients can use OpenAPI to trade Crypto FX forex news
  • SIX welcomes Invesco Digital Markets as new issuer of crypto ETPs forex news
  • Marqeta secures new certifications for Singapore, Philippines, and Thailand forex news
  • Interactive Brokers enhances Configuration Tab in PortfolioAnalyst forex news
  • Ocean Markets Review 2022 – 5 things you should know about oceanmarkets forex news
  • Exclusive: GCEX hires former ActivTrades and Oval exec Juan Scarabino as CRO forex news
  • eToro adds 90 new assets to its lineup of investment instruments forex news
  • FCA Wants To Fine Barclays £50 Million Over Secret Qatar Funding forex news

Copyright © 2025 wikifx.

Powered by PressBook News WordPress theme