MultiBank Exchange Holding Establishes Predominantly Emirati Board Following US$500 Billion Monthly Trading Milestone
MultiBank Group has announced the formation of a predominantly Emirati Board of Directors for MultiBank Exchange Holding, marking a significant development in the platform’s corporate governance and international growth strategy. The announcement comes after MultiBank Exchange recorded trading turnover exceeding US$500 billion in October 2026, highlighting its expanding activity in interbank trading and institutional financial markets.
The newly established board will oversee the strategic direction and operations of MultiBank Exchange Holding, strengthen corporate governance and support the platform’s plans for regional and international expansion. It will also focus on developing investment opportunities and financial partnerships with institutions across the Gulf Cooperation Council (GCC), BRICS economies and other emerging markets.
The board was announced by Naser Taher, Chairman of MultiBank Exchange Holding and Founder and Chairman of MultiBank Group. Its composition includes prominent Emirati figures and experienced financial and business professionals, reflecting the company’s intention to strengthen its leadership structure while expanding its institutional presence.
The appointments come as MultiBank Exchange continues developing its position as an interbank trading platform serving banks, financial institutions, hedge funds, family offices and derivatives brokers. The platform connects more than 30 tier-one banks and liquidity providers and provides access to more than 250 currencies.
Its reported monthly trading turnover of more than US$500 billion in October 2026 represents an important milestone for the business. The company is positioning its technology, liquidity and settlement infrastructure as key components of its strategy to connect financial institutions across emerging markets with the broader international financial system.
MultiBank Exchange Holding Announces New Board of Directors
The newly formed Board of Directors of MultiBank Exchange Holding consists predominantly of Emirati members. The appointments bring together individuals who will guide the company’s governance, business development and international expansion initiatives.
The board members announced by Naser Taher are:
- H.H. Sheikh Juma bin Maktoum bin Juma Al Maktoum, Board Member.
- H.E. Sheikh Mohammed bin Saqr bin Rashid Al Nuaimi, Board Member.
- H.E. Mohammed Al Hakim, Vice Chairman of the Board.
- H.E. Ali bin Khalid bin Zayed Al Falasi, Board Member.
- H.E. Rashid Sultan Al Malik, Board Member.
- Mr. Majid Al Ghaslan, Board Member.
- Mr. David Ogg, Board Member.
H.E. Mohammed Al Hakim will serve as Vice Chairman, while the remaining appointees will serve as board members.
The establishment of the board represents an organizational step for MultiBank Exchange Holding as it seeks to strengthen its governance framework and support the next stage of its development. The directors will provide oversight and strategic guidance as the platform expands its institutional relationships and pursues opportunities in international markets.
The company expects the board to play a central role in guiding its business priorities, supporting responsible growth and developing relationships with financial institutions and investment partners.
Focus on Corporate Governance and International Expansion
The Board of Directors will have responsibility for overseeing and guiding MultiBank Exchange Holding’s operations. Its mandate includes strengthening corporate governance, supporting business growth and coordinating the company’s international expansion strategy.
The board will also help develop investment and financial partnerships at regional and global levels. These activities are expected to support the platform’s efforts to build stronger connections between financial institutions in the GCC, BRICS economies and other emerging markets.
As financial institutions increasingly operate across multiple jurisdictions, governance and regulatory compliance remain important considerations for businesses involved in international trading and settlement. MultiBank Exchange has stated that its board will guide the company’s activities in line with applicable legal and regulatory frameworks.
The governance structure is intended to provide strategic direction as the platform develops its technology infrastructure, expands its liquidity network and strengthens its relationships with institutional counterparties.
The predominantly Emirati composition of the board also reflects the company’s focus on its regional presence and its ambition to support financial market connections involving the UAE and other emerging economies.
Through the new leadership structure, MultiBank Exchange aims to combine regional business relationships with international financial market experience. This approach is intended to support its expansion while maintaining oversight of its operations and strategic priorities.
US$500 Billion Monthly Trading Turnover Marks Major Milestone
MultiBank Exchange recorded trading turnover exceeding US$500 billion in October 2026. The milestone highlights the scale of activity taking place across the platform and comes as the company continues expanding its institutional trading capabilities.
The platform also reports daily trading volumes of up to US$23 billion, equivalent to approximately AED 84 billion. Its trading network connects more than 30 tier-one banks and liquidity providers, offering institutional participants access to a broad range of currency markets.
The company’s institutional client base includes banks, financial institutions, hedge funds, family offices and derivatives brokers. These participants use interbank trading infrastructure to access liquidity and execute transactions across international markets.
MultiBank Exchange’s access to more than 250 currencies is another important component of its offering. The extensive currency coverage is designed to support counterparties with international trading requirements and provide access to markets that may be relevant to cross-border financial activities.
The October turnover milestone comes as MultiBank Exchange continues to develop its role within the broader MultiBank Group. The company is seeking to strengthen its position in interbank trading by combining institutional liquidity, advanced matching technology and settlement services.
The reported monthly turnover also provides an indication of the platform’s expanding activity. However, the company has not provided a detailed breakdown of the October trading volume by currency, asset class or institutional counterparty in the supplied announcement.
Connecting Banks and Institutional Liquidity Providers
MultiBank Exchange is part of MultiBank Group and operates as an interbank trading platform designed to serve institutional market participants.
Its network connects more than 30 tier-one banks and liquidity providers, providing access to liquidity across a wide selection of currencies. This structure is intended to support trading activity among financial institutions and professional market participants.
Institutional trading platforms play an important role in connecting banks, brokers and other financial organizations that require access to international markets. Liquidity providers contribute pricing and execution opportunities, while trading infrastructure enables counterparties to interact through centralized systems.
MultiBank Exchange is designed to bring these capabilities together for its institutional customers. Its target participants include banks, hedge funds, family offices and derivatives brokers, which may have different trading, liquidity and settlement requirements.
The platform’s access to more than 250 currencies is intended to address the needs of counterparties operating across multiple regions. Its institutional focus distinguishes its business model from platforms primarily designed for individual retail traders.
The company is also emphasizing the combination of liquidity and settlement services as part of its broader offering. By developing these capabilities together, MultiBank Exchange aims to provide counterparties with an integrated environment for trading and settling transactions.
Double Exotic Currency Pairs and Digital Asset Settlement
MultiBank Exchange describes itself as the world’s first interbank trading platform to offer double exotic currency pairs with settlement in both fiat currencies and digital assets.
The offering is designed to expand the range of currency combinations available to institutional counterparties and provide additional settlement options.
Exotic currency pairs generally involve currencies from smaller or emerging economies, or currencies that are less frequently traded than major global currencies. These markets can present different liquidity and execution characteristics compared with widely traded currency pairs.
By supporting double exotic currency pairs, MultiBank Exchange aims to provide institutional participants with access to additional combinations that may be relevant to their international trading activities.
The platform also supports settlement in traditional fiat currencies and digital assets. This capability is intended to give counterparties additional flexibility in how transactions are settled.
The integration of digital assets into institutional trading and settlement infrastructure is an area of development across financial markets. Some institutions are exploring digital asset-based settlement options as part of broader efforts to improve transaction processes and expand access to new financial technologies.
MultiBank Exchange’s approach combines traditional interbank trading infrastructure with digital asset settlement capabilities. The company identifies this as a distinguishing feature of its platform, particularly in emerging markets.
Its settlement offering is supported through the Group’s regulated subsidiaries in Australia, Singapore and the UAE, according to the announcement.
Matching Engine Designed for High-Speed Execution
Technology infrastructure is another central component of MultiBank Exchange’s institutional offering.
The company states that its matching engine operates at 400 nanoseconds, describing it as the fastest in interbank trading history. The matching engine is designed to process trading activity and support execution between market participants.
In institutional trading environments, execution speed and system performance are important factors. Banks, liquidity providers and professional trading organizations may require infrastructure capable of handling substantial transaction volumes while supporting rapid order processing.
A high-speed matching engine can form an important part of the technology supporting these activities. MultiBank Exchange is positioning its reported 400-nanosecond matching capability as a key competitive feature.
The platform’s technology strategy is linked to its broader objective of connecting institutional counterparties through a trading environment that combines liquidity access, currency coverage and settlement services.
In addition to its matching engine, the platform’s network of more than 30 tier-one banks and liquidity providers is intended to support institutional trading requirements. The company is seeking to develop an infrastructure that can accommodate a wide range of counterparties and currency transactions.
Credit and Settlement Services for Counterparties
MultiBank Exchange also states that it is the first interbank trading platform to offer credit and settlement services to all its counterparties.
The availability of credit and settlement services is an important part of the company’s institutional proposition. Trading counterparties require processes that support transaction execution and the subsequent settlement of financial obligations.
By incorporating these services into its platform offering, MultiBank Exchange aims to provide a more comprehensive environment for institutional trading participants.
The company’s model combines access to institutional liquidity with settlement capabilities through the Group’s regulated subsidiaries in Australia, Singapore and the UAE.
This structure is intended to support the needs of financial institutions operating across different jurisdictions. The company’s focus on both trading and settlement reflects its broader strategy of developing infrastructure that supports international financial market participation.
The ability to offer settlement in both fiat currencies and digital assets further differentiates the platform’s stated capabilities. MultiBank Exchange is seeking to connect traditional financial institutions with emerging digital asset settlement options while continuing to operate within applicable legal and regulatory frameworks.
Naser Taher Highlights Regional and Global Financial Connections
Naser Taher, Founder and Chairman of MultiBank Group, said the formation of the new board brings together experience that will support the platform’s development and international expansion.
“The formation of this board brings together experience that will help guide MultiBank Exchange’s development and international expansion. I welcome my fellow board members as we work to strengthen connections between financial institutions across the GCC, BRICS and other emerging markets and the global financial system. Our focus is on building the technology, liquidity and settlement infrastructure these institutions need to participate more effectively in international markets,” Taher said.
His comments highlight the company’s emphasis on strengthening relationships between regional financial institutions and the wider international financial system.
The GCC and BRICS economies represent important areas of focus for MultiBank Exchange’s expansion strategy. Financial institutions in these markets participate in international trade, investment and currency transactions, creating demand for access to liquidity and cross-border financial infrastructure.
By bringing together a predominantly Emirati board and an institutional trading platform with international connections, MultiBank Group aims to strengthen its presence in these markets.
The company’s stated priorities include developing technology, expanding liquidity access and improving settlement infrastructure. These areas are central to its strategy of supporting institutional counterparties seeking to participate in international markets.
MultiBank Group’s Broader Institutional Strategy
The formation of the new board comes as MultiBank Exchange continues to develop its institutional business within the wider MultiBank Group.
The platform’s services are directed toward professional financial market participants rather than being limited to individual trading customers. Its network of banks and liquidity providers, access to more than 250 currencies and support for different settlement methods are intended to address the requirements of institutional counterparties.
The company is also emphasizing its presence across Australia, Singapore and the UAE through the Group’s regulated subsidiaries, which support its settlement services.
Its strategy combines several elements: institutional liquidity, high-speed trading technology, currency market access, credit facilities and settlement infrastructure. The company believes these capabilities can help strengthen its role in connecting financial institutions across established and emerging markets.
The new board is expected to provide oversight as MultiBank Exchange pursues these objectives. Its responsibilities will include guiding operations, supporting governance standards and helping develop regional and global financial partnerships.
MultiBank Exchange’s latest announcement brings together two important developments: the formation of a predominantly Emirati Board of Directors and the platform’s achievement of more than US$500 billion in trading turnover during October 2026.
The board appointments represent a governance and leadership milestone, while the trading volume highlights the scale of activity reported by the platform.
With connections to more than 30 tier-one banks and liquidity providers, access to over 250 currencies and daily trading volumes of up to US$23 billion, MultiBank Exchange is seeking to expand its institutional market presence.
Its technology and service offering includes double exotic currency pairs, fiat and digital asset settlement, a matching engine operating at a reported 400 nanoseconds, and credit and settlement services for counterparties.
The company plans to use its new governance structure to support continued growth, strengthen institutional relationships and develop investment partnerships across the GCC, BRICS and other emerging markets.
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