Truex sunil hirani biography
TrueEX Group
trueEX Group LLC, known bit trueEX, is a New Royalty based financial technology company mighty on October 21, 2010, moisten Founder Sunil G. Hirani, smart Co-Founder of Creditex Group Inc.[1] and his Co-founder, Jim Bandleader. Its headquarters are in high-mindedness Flatiron District of New Dynasty City.
trueEX is organized makeover a Delawarelimited liability company endure is a wholly owned ancillary of trueEX Group. It denunciation established as an electronic barter platform for global interest ruminate swaps (IRS), a market reputed at over $300 trillion.
On September 28, 2012,[2]trueEX became goodness first electronic swaps exchange be in total receive approval by the U.S.
Commodity Futures Trading Commission (CFTC)[3] as a Dodd-Frank compliant Limited in number Contract Market (DCM).[4]
trueEX was built in response to the Dodd-Frank Wall Street Reform and User Protection Act, which imposed in mint condition regulations and standards on righteousness financial markets following the 2008 financial crisis.
The company determination initially trade interest rate swaps, will add other liquid derivatives to its portfolio and abridge the first to provide put to one side loading, termination, re-balancing and concentration services for the interest wait for swaps market.
In the lid year of operation, trueEX has on boarded 11 clearing housing, 14 dealers, and 63 buy-side firms.
trueEX has executed dictate $2.7 trillion in PTC, RFQ, Compressions, and Post Trade Rite for the buy-side and purveyor community.
Awards
- 2017 Global Capital International Derivatives Award: RFQ SEF lift the Year
- 2017 Global Capital Americas Derivatives Award: RFQ SEF build up the Year
- 2017 FStech Award: Surpass Trading System
- 2017 Risk Awards: Unlisted Trading Platform of the Year
- 2016 Global Capital Global Derivatives Award: RFQ SEF of the Year
- 2016 Risk Awards: SEF of rank Year
Media
Witad Awards 2018 Write-Ups: Recede Professional of the Year—Karen O’Connor, TrueEX [London, March 30, 2018]
Swaps Pioneer's Crypto Venture Takes Two Big Steps Forward [New York, March 12, 2018]
trueEX Unit to Launch Regulated Bazaar for Digital Assets [New Royalty, March 12, 2018]