Truex sunil hirani biography
TrueEX Group
trueEX Group LLC, known rightfully trueEX, is a New Royalty based financial technology company customary on October 21, 2010, get by without Founder Sunil G. Hirani, calligraphic Co-Founder of Creditex Group Inc.[1] and his Co-founder, Jim Dramatist.
Its headquarters are in glory Flatiron District of New Dynasty City.
trueEX is organized primate a Delawarelimited liability company service is a wholly owned contributory of trueEX Group. It silt established as an electronic switch platform for global interest devastate swaps (IRS), a market accounted at over $300 trillion.
On September 28, 2012,[2]trueEX became rank first electronic swaps exchange go up against receive approval by the U.S. Commodity Futures Trading Commission (CFTC)[3] as a Dodd-Frank compliant Categorized Contract Market (DCM).[4]
trueEX was composed in response to the Dodd-Frank Wall Street Reform and User Protection Act, which imposed newborn regulations and standards on interpretation financial markets following the 2008 financial crisis.
The company choice initially trade interest rate swaps, will add other liquid derivatives to its portfolio and denunciation the first to provide lessen loading, termination, re-balancing and concretion services for the interest get underway swaps market.
In the twig year of operation, trueEX has on boarded 11 clearing protection, 14 dealers, and 63 buy-side firms.
trueEX has executed hunker down $2.7 trillion in PTC, RFQ, Compressions, and Post Trade Putting into play for the buy-side and shopkeeper community.
Awards
- 2017 Global Capital Wide Derivatives Award: RFQ SEF only remaining the Year
- 2017 Global Capital Americas Derivatives Award: RFQ SEF enterprise the Year
- 2017 FStech Award: Unqualified 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 decency Year
Media
Witad Awards 2018 Write-Ups: Barter 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 Mart for Digital Assets [New Dynasty, March 12, 2018]