July 2013 (Tianjin, China)--
On 29th July 2013, the Capital Resources Project Promotion and Signing Ceremony was held in Tianjin’s Heping District, with MultiBank Group’s Chairman, Mr. Naser Taher, being honored with the title of “Senior Counselor for the Chinese Government of Tianjin Financial Investment Authority” by the Government of Tianjin. This accolade is another important milestone for MultiBank Group since becoming China‘s largest Forex ECN company thanks to a RMB 2 billion capital increase of its Chinese subsidiary earlier this year. This award reasserts the numerous acclamations that MultiBank Group has received over the years for its high standard of customer services in the Asian financial trading market, and its exclusive leadership in China’s Forex market.
MultiBank Group ECN Technology Revolutionize Trading Experience
MultiBank Group has been spearheading financial trading services throughout the world since 1995. With this first-of-its-kind enterprise, being a joint venture fully supported by the Tianjin Government, MultiBank Group has established an advanced Financial Electronic Communication Network ("ECN") in China to enable banks and financial institutions to enjoy fast and secure trading experience. In accordance with Chinese Governing Law, MultiBank Group utilize state-of-the-art technology to provide forex investors in China and throughout Asia with the best suite of platforms for trading on the international forex market.
Recently, MultiBank Group announced that its Chinese subsidiary has increased its paid-up capital by RMB 1,991,860,885, making it one of the largest forex ECN companies in China. MultiBank Group operates a Non-Trading Desk Execution model, which is based on state-of-the-art technology of a completely automatic trading desk. All MultiBank Group customers‘ trades are hedged to a clearing Electronic Communications Network ("ECN"), eliminating any conflict of interest between MultiBank Group and its Customers. The trades are hedged automatically within the MEX Non-Trading Desk Execution technology so no human intervention is needed and the deals are executed instantaneously, providing an optimal choice for Chinese financial investment market.
