Andrey Dashin's Exinity has entered a new business area and is ready to provide liquidity solutions to institutions under the "Exinity Connect" brand.。According to a LinkedIn article, details of the new liquidity service will be announced later this month.。

Introducing Exinity Connect

"We are proud to introduce Exinity Connect, the newest enterprise in the Exinity Group that will redefine liquidity solutions.。"With a fantastic team, cutting-edge technology, a quarter-century of experience and unique risk management algorithms, we are combining our vast experience with innovative API solutions."。"

Similar to Exinity, many other established broker brands, including CMC and ThinkMarkets, have separate institutional units to provide liquidity.。ThinkMarkets Launches Institutional Unit Liquidity in 2021.Net, thus entering this field。

Although details on the new service are scarce, Exinity will target brokers, family offices and hedge funds。

"Exinity Connect provides access to Tier 1 bank and non-bank market maker liquidity, allowing broker-dealers, family offices and hedge funds to benefit from deep market access and rapid execution," read the website detailing Exinity Connect.。

Regulation is necessary

Liquidity services will be provided under two regulatory licences: one from the UK's Financial Conduct Authority (FCA) and the other from the Mauritius Financial Services Commission.。

Earlier, the financial outflows from FCA-regulated Exinity UK Limited pointed to its total revenues of around £1.68m in 2022, down slightly from £1.79m the previous year.。However, the company's profits soared to £319,251.。The unit, which was established in February 2017 and received regulatory approval a year later, has been operating a client trading platform since April 2018 and currently plans to expand to liquidity services.。

Dashin founded Exinity as an umbrella for its other Forex brands such as FXTM and Alpari。It is also responsible for other business segments such as Nemo, a cash equity and ETF investment app, and Pulse, a market forecasting gamification tool.。