Following their public launch last month at the Forex Magnates London Summit Innovation Stage, Exgate has announced their first post-launch partnership collaboration with Bitreserve and JSC Caufex. The combined firms are introducing real-time settlement clearing and custody services for contracts for differences (CFDs) that are based on leveraged digital currency tradable instruments. With the combined technologies, brokers and trading venues will be able to provide leveraged CFD trading with clearing and straight-through processing (STP) of digital currencies taking place with Exgate’s technology and using Bitreserve and JSC Caufex for clearing, settlement and regulation of trades.
A provider of bitcoin and digital currency trading solutions to the online brokerage industry, Exgate’s products include MetaTrader 4 white labeling, integrated bitcoin wallets for deposit and withdrawals without the need for a payment processor and risk management tools. A bitcoin trading technology provider, Exgate, connects to JSC Caufex’s electronic derivatives and commodity exchange for Liquidity of bitcoins and other Cryptocurrencies. A regulated exchange, in addition to clearing technology and liquidity lines, JSC Caufex also brings compliance and licensing arrangements to the partnership under its regulatory umbrella.
Under the terms of the new deal, Bitreserve becomes the exclusive bitcoin clearing system for JSC Caufex’s new cryptocurrency-trading offering in its electronic derivatives and commodities exchange. With Bitreserve, clearing members will be able to store funds denominated in fiat currencies or gold to remove bitcoin volatility risk, but which will be transferable to cryptocurrencies for settlement of trades.
According to the firms, the combined solution provides a “true end-to end STP solution addressing the major deficiencies that currently exist in the forex markets, derivative and cryptocurrency financial world." The solution is being marketed as a turnkey solution for market makers, asset managers, traders and brokers to provide them with a regulated entity for account deposits, leveraged bitcoin trading and cross participation settlement.
In terms of innovation, cross participant clearing and settlement may be the most important part of the partnership. The central clearing system allows for greater transparency of traders which could provide a solution to traders and financial firms that have been hesitant to engage in bitcoin trading due to the funding risks involved with lesser known counterparties.
Commenting on the news, CEO of Exgate Gregory Mazzeo stated, “This partnership is a major step towards bringing cryptocurrencies into the mainstream financial world. The combination of Exgate, CAUFEX and Bitreserve’s technological and clearing capabilities for digital instruments will enable the ability to offer exchange derived pricing and liquidity with a standardized settlement date for cryptocurrency transactions in a truly transparent and wrapped environment. A true game changer for the crypto world.”
Carl Weir of Partnering and Business Development, Financial Markets at Bitreserve added, “Partnering with Exgate represents a seamless merging of institutional and cryptocurrencies transactions into a safe, secure, and transparent environment. This will not only allow institutions to achieve full transparency in multiple asset classes, but also allow seamless near-zero cost clearing, and real-time settlement; the latter three being expected pillars of trading that was near unattainable, until now. This partnering is an industry first.”
Following their public launch last month at the Forex Magnates London Summit Innovation Stage, Exgate has announced their first post-launch partnership collaboration with Bitreserve and JSC Caufex. The combined firms are introducing real-time settlement clearing and custody services for contracts for differences (CFDs) that are based on leveraged digital currency tradable instruments. With the combined technologies, brokers and trading venues will be able to provide leveraged CFD trading with clearing and straight-through processing (STP) of digital currencies taking place with Exgate’s technology and using Bitreserve and JSC Caufex for clearing, settlement and regulation of trades.
A provider of bitcoin and digital currency trading solutions to the online brokerage industry, Exgate’s products include MetaTrader 4 white labeling, integrated bitcoin wallets for deposit and withdrawals without the need for a payment processor and risk management tools. A bitcoin trading technology provider, Exgate, connects to JSC Caufex’s electronic derivatives and commodity exchange for Liquidity of bitcoins and other Cryptocurrencies. A regulated exchange, in addition to clearing technology and liquidity lines, JSC Caufex also brings compliance and licensing arrangements to the partnership under its regulatory umbrella.
Under the terms of the new deal, Bitreserve becomes the exclusive bitcoin clearing system for JSC Caufex’s new cryptocurrency-trading offering in its electronic derivatives and commodities exchange. With Bitreserve, clearing members will be able to store funds denominated in fiat currencies or gold to remove bitcoin volatility risk, but which will be transferable to cryptocurrencies for settlement of trades.
According to the firms, the combined solution provides a “true end-to end STP solution addressing the major deficiencies that currently exist in the forex markets, derivative and cryptocurrency financial world." The solution is being marketed as a turnkey solution for market makers, asset managers, traders and brokers to provide them with a regulated entity for account deposits, leveraged bitcoin trading and cross participation settlement.
In terms of innovation, cross participant clearing and settlement may be the most important part of the partnership. The central clearing system allows for greater transparency of traders which could provide a solution to traders and financial firms that have been hesitant to engage in bitcoin trading due to the funding risks involved with lesser known counterparties.
Commenting on the news, CEO of Exgate Gregory Mazzeo stated, “This partnership is a major step towards bringing cryptocurrencies into the mainstream financial world. The combination of Exgate, CAUFEX and Bitreserve’s technological and clearing capabilities for digital instruments will enable the ability to offer exchange derived pricing and liquidity with a standardized settlement date for cryptocurrency transactions in a truly transparent and wrapped environment. A true game changer for the crypto world.”
Carl Weir of Partnering and Business Development, Financial Markets at Bitreserve added, “Partnering with Exgate represents a seamless merging of institutional and cryptocurrencies transactions into a safe, secure, and transparent environment. This will not only allow institutions to achieve full transparency in multiple asset classes, but also allow seamless near-zero cost clearing, and real-time settlement; the latter three being expected pillars of trading that was near unattainable, until now. This partnering is an industry first.”
Crypto Industry in 2025: Five Defining Trends – And One Prediction for 2026
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
