MultiBank Exchange, the interbank trading platform of MultiBank Group, has launched what it claims is the world’s fastest matching engine for institutional foreign exchange trading, operating at 400 nanoseconds. The platform connects more than 30 tier-one banks and liquidity providers, processing daily trading volumes of up to $21 billion, and marks the first interbank exchange to offer settlement in both fiat currencies and digital assets.
- Matching speed: 400 nanoseconds
- Daily trading volume: Up to $21 billion
- Connected liquidity providers: More than 30 tier-one banks
- Available currency pairs: More than 250 currencies
- Settlement options: Fiat currencies and digital assets
The platform targets financial institutions across the GCC, BRICS nations, and other emerging markets, aiming to reduce access barriers that have historically disadvantaged non-Western participants in global foreign exchange markets. MultiBank Exchange combines execution technology with integrated credit and settlement services through the group’s regulated subsidiaries in Australia, Singapore, and the UAE, a combination the company says is unique among interbank exchanges. The platform also supports double exotic currency pairs and settlement in cryptocurrencies, extending beyond traditional forex infrastructure.
MultiBank Exchange represents a significant expansion of the Group’s role in institutional financial markets. We are bringing together the technology, liquidity and settlement infrastructure that institutions need to participate more effectively in global trading. Our ambition is to address access barriers across emerging markets and build stronger connections between these markets and the international financial system.
– Naser Taher, Founder and Chairman, MultiBank Group
The technical focus is on connecting execution with the credit and settlement arrangements required to complete a transaction. Our matching engine operates at 400 nanoseconds, while the platform brings together pricing from multiple institutional liquidity providers. Support for double exotic currency pairs, alongside fiat and digital asset settlement, extends the options available to counterparties trading across different markets.
– Mohammed Al Hakim, Vice Chairman, MultiBank Group
The launch coincides with MultiBank Group’s participation at Dubai Future Finance Week. The company has also signed a memorandum of understanding with the Government of Kazakhstan to support interbank settlement in digital currencies. MultiBank Group, established in 2005, operates across five continents under the regulation of 18+ financial authorities and serves over 2 million clients with daily trading volumes exceeding $35 billion across its broader platform ecosystem.
Naser Taher, Founder and Chairman of MultiBank Group. Source: LinkedIn
Mohammed Al Hakim, Vice Chairman at MultiBank Group. Source: LinkedIn
