In October of the preceding year, the exchange established a daily volume record of $3.1 billion.
In February 2023, the exchange recorded a daily average forex NDF volume of $1.49 billion.
24 Exchange
24 Exchange, the multi-asset class trading platform, announced today that it
has set consecutive daily records for Foreign Exchange Non-Deliverable Forward
(FX NDF) trading volume. The company processed an impressive total of over $4
billion in FX NDF trades for its global institutional customers on two
consecutive days last week. This achievement marks a milestone, surpassing 24
Exchange's previous daily volume record of $3.1 billion set in October of the
previous year.
Consecutive Daily Volume Achievements in FX NDF Trading
Dmitri Galinov, the CEO and Founder of 24 Exchange, stated: "Setting
consecutive daily volume records for FX NDF trading is an exciting way to usher
in the new year. The continuing growth in FX NDF trading volume exemplifies the
value our clients achieve by using our innovative and efficient platform. In the
months ahead, we look forward to helping greater numbers of clients access
increased liquidity at the lowest cost on the 24 Exchange platform."
Dmitri Galinov, CEO, and Founder of 24 Exchange, Source: LinkedIn
24 Exchange
operates as a multi-asset class trading platform, facilitating seamless
exchanges for market participants at the lowest cost. The platform's mission is
to enable members to initiate the most cost-effective trades across a growing
range of asset classes, 24 hours a day. Galinov emphasized the company's
commitment to providing creative and unique workflows tailored to each asset
class, with the ultimate goal of lowering the cost of exchanging assets in the
global markets.
24 Exchange also offers Crypto NDFs, meeting regulatory standards set by the
Bermuda Monetary Authority. The platform extends its services to include FX
Swaps and FX Spot, with efforts to expand these offerings and create additional
avenues for delivering institutional traders more liquidity at lower costs.
24 Exchange with $1.9 Billion Single-Day Volume in February 2023
In February 2023, 24 Exchange achieved a
daily average volume of $1.49 billion in forex NDF for global institutional
customers, representing an increase of 50% from the previous month, according to a
report by Finance Magnates.
Additionally, the platform set a single-day volume record of $1.9 billion. Galinov attributed the industry's positive response to the platform's
unique ability to unify liquidity pools in NDFs.
24 Exchange, the multi-asset class trading platform, announced today that it
has set consecutive daily records for Foreign Exchange Non-Deliverable Forward
(FX NDF) trading volume. The company processed an impressive total of over $4
billion in FX NDF trades for its global institutional customers on two
consecutive days last week. This achievement marks a milestone, surpassing 24
Exchange's previous daily volume record of $3.1 billion set in October of the
previous year.
Consecutive Daily Volume Achievements in FX NDF Trading
Dmitri Galinov, the CEO and Founder of 24 Exchange, stated: "Setting
consecutive daily volume records for FX NDF trading is an exciting way to usher
in the new year. The continuing growth in FX NDF trading volume exemplifies the
value our clients achieve by using our innovative and efficient platform. In the
months ahead, we look forward to helping greater numbers of clients access
increased liquidity at the lowest cost on the 24 Exchange platform."
Dmitri Galinov, CEO, and Founder of 24 Exchange, Source: LinkedIn
24 Exchange
operates as a multi-asset class trading platform, facilitating seamless
exchanges for market participants at the lowest cost. The platform's mission is
to enable members to initiate the most cost-effective trades across a growing
range of asset classes, 24 hours a day. Galinov emphasized the company's
commitment to providing creative and unique workflows tailored to each asset
class, with the ultimate goal of lowering the cost of exchanging assets in the
global markets.
24 Exchange also offers Crypto NDFs, meeting regulatory standards set by the
Bermuda Monetary Authority. The platform extends its services to include FX
Swaps and FX Spot, with efforts to expand these offerings and create additional
avenues for delivering institutional traders more liquidity at lower costs.
24 Exchange with $1.9 Billion Single-Day Volume in February 2023
In February 2023, 24 Exchange achieved a
daily average volume of $1.49 billion in forex NDF for global institutional
customers, representing an increase of 50% from the previous month, according to a
report by Finance Magnates.
Additionally, the platform set a single-day volume record of $1.9 billion. Galinov attributed the industry's positive response to the platform's
unique ability to unify liquidity pools in NDFs.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Cboe Files SEC Proposal for 24x5 Trading on EDGX: Also Plans Partial-Payout Prediction Markets
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
