Securities Financing Technology News | GMEX MultiHub Launches Digital MultiHub for Traditional and Digital Asset Markets

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GMEX MultiHub Launches Digital MultiHub for Traditional and Digital Asset Markets

GMEX MultiHub (GMEX), a new business unit of the GMEX Group, has launched Digital MultiHub (MultiHub), a global cloud-based trading and post-trade digital market infrastructure platform that facilitates third-party trading and post-trade services across and digital asset markets.

MultiHub is designed to address platform interoperability and time-to-market challenges, as well as address the lack of standards still apparent in many traditional blockchains and infrastructures.

Delivered through a Platform-as-a-Service microservices delivery model, MultiHub enables capital market participants to access regulated digital assets and market infrastructure.

MultiHub provides global access to turnkey solutions for the exchange, custody and governance of digital assets.

The platform also facilitates credit allocation and verification, collateral management and margin trading, order routing, clearing and settlement across multiple trading platforms, custodians and participants.

To develop MultiHub, GMEX worked with AWS and with Luxoft as a development partner, to implement and deploy the MultiHub platform powered by AWS Cloud and core accounting technology.

Other initial partners and clients include: Trustology, a UK-registered Financial Conduct Authority-registered digital asset custodian, GCEX, a UK-based digital and traditional asset broker, SECDEX Group, a licensed stock exchange of the Seychelles, and Arabian Bourse, a global marketplace based in Abu Dhabi. exchange and custodian of crypto assets.

Hirander Misra, CEO of GMEX Group, comments: “MultiHub is a unique network of multi-asset network services that enables the trading, clearing and settlement between sites and participants of traditional and digital assets with a single point of connectivity. for both. industries, eliminating the need to integrate all sites.

Alex Batlin, Founder and CEO of Trustology, said: “The GMEX MultiHub will drive digital transformation within the space and at the same time enable accelerated execution and curation for institutional players as they enter or expand. their digital asset business.

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