GMEX Introduces Trading and Post-Trade Infrastructure Platform MultiHub

GMEX MultiHub Limited (GMEX), a new business unit of the GMEX Group, has announced the launch of Digital MultiHub (MultiHub), a cloud-enabled trading and post-trade digital market infrastructure platform.

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Delivered through a Platform-as-a-Service, microservices distribution model, MultiHub facilitates 3rd party trading and post-trade services across traditional and digital asset markets, enabling capital markets participants to gain simple access to regulated digital assets and market infrastructure.

MultiHub provides global access to turnkey digital asset exchange, custody, and governance solutions. The platform facilitates credit allocation and checking, collateral management and margin trading, order routing, netting and settlement across multiple trading venues, custodians and participants.

“MultiHub is a unique multi-asset network of networks service that enables cross-venue, cross-participant trading, clearing and settlement of both traditional and digital assets with a single point of connectivity for both industries, which negates the need to integrate across venues,”said GMEX Group CEO, Hirander Misra.

“This complements our mission to cost-effectively drive the accelerated institutional take-up of digital assets by making it easier to trade, clear, settle and pledge them alongside traditional assets, heralding the new age of Exchange 4.0,”Misra added.

MultiHub has been developed using the AWS Cloud, along with a development partner, Luxoft. Additionally, the company partnered with several other market participants that include Trustology, GCEX, SECDEX Group and Arabian Bourse.