Exinity Enters the Institutional Side: Launches Liquidity Solutions

<p dir="ltr">Andrey Dashin’s Exinity has dived into a new business area as it gears toward offering liquidity solutions to institutions under the brand ‘Exinity Connect’. According to a LinkedIn post, the details of the new liquidity services will be announced later this month.</p><p dir="ltr">The Launch of Exinity Connect</p><p dir="ltr">“We are proud to introduce Exinity Connect, the latest venture of Exinity Group, set to redefine liquidity solutions,” a LinkedIn post by Exinity Connect stated. “With a fantastic team at the helm, cutting-edge technology, a quarter-century of experience, and unique risk management algorithms, we are merging our rich experience with innovative API solutions. Our mission is to help you connect with the power of success.”</p><p dir="ltr">Similar to Exinity, many other established brokerage brands, including CMC and ThinkMarkets, have separate institutional units to offer liquidity. ThinkMarkets entered the space in 2021 with the <a href="https://www.financemagnates.com/institutional-forex/thinkmarkets-jumps-into-institutional-arena-launches-liquidity-net/">launch of Liquidity.net</a>, its institutional wing.</p><p dir="ltr">Although details on the new services are still scarce, Exinity will target broker-dealers, family offices, and hedge funds.</p><p dir="ltr">“With access to Tier-1 banks as well as non-bank market maker liquidity, Exinity Connect lets broker-dealers, family offices, and hedge funds benefit from deep market access and fast execution,” the webpage detailing Exinity Connect reads.</p><p dir="ltr">Regulations Are Necessary</p><p dir="ltr">The liquidity services will be offered under two regulatory licenses: one is the Financial Conduct Authority’s (FCA) approval in the United Kingdom, and the other from Mauritius’ Financial Services Commission.</p><p dir="ltr">Earlier, Finance Magnates reported the <a href="https://www.financemagnates.com/forex/fxtm-uks-2022-profit-skyrockets-despite-revenue-decline/">financials of the FCA-regulated Exinity UK Limited</a>, noting its revenue for 2022 totaled approximately £1.68 million, slightly down from £1.79 million in the previous year. However, the profits of the company skyrocketed to £319,251. Established in February 2017, the unit received its regulatory license a year later and has been operating its client trading platform since April 2018, with plans to now extend to liquidity services.</p><p dir="ltr">Dashin established <a href="https://www.financemagnates.com/tag/exinity/">Exinity </a>as the umbrella of his other forex brands, like FXTM and Alpari. It also oversees other business divisions like Nemo, an investing app for cash equities and ETFs, and Pulse, a gamified tool for market predictions.</p>

This article was written by Arnab Shome at www.financemagnates.com.