Ruslan Abuzant Exits Role As Chief Development Officer Of MultiBank Group
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Ruslan Abuzant, the Chief Development Officer of MultiBank Group, is leaving the company after working there for two years. Abuzant started at the firm in 2022 and has gained a lot of experience. He has worked as the company’s Chief Development Officer, Strategy Officer, and Head of Product Development.
On LinkedIn, Abuzant stated that he is leaving Multibank after two fantastic years. He said it was a privilege to be part of this hardworking team, and he is very thankful for the chance to meet and work with all the staff.
The Company Disclosed A Peak Revenue Of $112 Million In Q3 2023
Abuzant added that the road has been filled with difficulties, progress, and excitement. He has achieved many goals with the company and has been lucky to see how strong teamwork and hard work can be. Abuzant noted that moving up in the company and finding success would not have happened without the team’s steady help and dedication.
Recently, Multibank introduced a new network for institutional investors called the MEX Exchange. The platform provides liquidity for spot FX, commodities, and precious metals. It is located in Dubai and wants to grow to over 20 branches worldwide.
In its official statement, MultiBank stated that its new platform, based in the Middle East, competes with Europe and the USA in the international ECN market.
MultiBank reported its best results ever for the Q3 of 2023. The group made US$ 112,365,577 in revenue and had a trading turnover of US$3 trillion, making it the group’s best quarter ever. This growth happened because the company kept expanding.
The Firm Got A License From CySEC To Expand Its Services In Europe
The Cyprus Securities and Exchange Commission (CySEC) gave the company a license last year to broaden its derivatives trading services in Europe. The group indicated that the authorization was granted to its Cyprus-based subsidiary, MEX Europe.
Earlier this month, MultiBank Group revealed that it had been recognized as a top BaFin-supervised forex broker by FXEmpire, a respected financial authority in the market. This huge award shows how MultiBank Group is dedicated to being excellent, secure, and innovative in the forex trading business.
Established in 2005 in California, USA, MultiBank Group has expanded to oversee a daily trading volume of over $12.1 billion, with services reaching over 1 million customers. The group is among the world’s leading online derivatives brokers, providing asset management solutions and various brokerage services. The company’s acclaimed trading platforms offer leverage up to 500 times on multiple products such as Digital Assets, Indices, Commodities, Shares, Metals, and Forex.
