logo
MultiBank Group Named Best Global ECN Broker at Forex Traders Summit 2025

MultiBank Group Named Best Global ECN Broker at Forex Traders Summit 2025

National Post19-05-2025
Article content
DUBAI, United Arab Emirates — MultiBank Group, one of the world's largest financial derivatives institutions headquartered in Dubai, has been awarded the prestigious title of 'Best Global ECN Broker' during the Forex Traders Summit 2025, held from May 14–15 at the Festival Arena in Dubai.
Article content
This award marks yet another milestone in MultiBank Group's journey, adding to its portfolio of over 80 international accolades and reinforcing its leadership position in global financial markets.
Article content
The summit is a premier gathering of financial institutions, fintech innovators, and industry professionals, showcasing advancements and innovation in trading and online brokerage services. This recognition underscores MultiBank Group's track record in providing premium ECN solutions, with ultra-low latency, broad market access, and seamless connectivity for clients everywhere.
Article content
Naser Taher, Founder and Chairman of MultiBank Group, said: 'We are honored to receive the 'Best Global ECN Broker' award at the Forex Traders Summit 2025. This accolade is a testament to our unwavering commitment to technological excellence, transparency, and reliability. We remain committed to setting the benchmark for ECN services that deliver competitive pricing, swift order processing, and strong investor safeguards.'
Article content
MultiBank Group's ECN model connects users directly with tier-one liquidity providers, eliminating conflicts of interest and ensuring real-time execution without dealing-desk intervention. The Group continues to invest in infrastructure, widen its regulatory reach, and roll out fresh innovations to serve both retail and institutional stakeholders.
Article content
This award marks yet another milestone in MultiBank Group's journey, adding to its portfolio of over 80 international accolades and reinforcing its leadership position in global financial markets.
Article content
ABOUT MULTIBANK GROUP
Article content
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, visit MultiBank Group's website.
Article content
Article content
Article content
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

IBKR Launches Lite in Singapore: How Will This Drive Growth?
IBKR Launches Lite in Singapore: How Will This Drive Growth?

Globe and Mail

time3 hours ago

  • Globe and Mail

IBKR Launches Lite in Singapore: How Will This Drive Growth?

Interactive Brokers IBKR launches its IBKR Lite plan in Singapore, offering investors in the country a commission-free way to trade U.S. stocks and ETFs around the clock. This is another step taken by the brokerage firm to expand its product suite and the reach of its services globally. This zero-commission trading plan in Singapore complements Interactive Brokers' existing IBKR Pro pricing plan. Clients will be allowed to switch between the Lite and Pro plans at any time, depending on their trading needs. IBKR has been continuously making efforts to diversify its product suite to expand globally. This and the firm's efforts to develop proprietary software to automate broker-dealer functions have been aiding top-line growth. Over the last five years (2019-2024), the company's total net revenues witnessed a compound annual growth rate of 21.8%, with the upward momentum continuing in the first half of 2025. Given Interactive Brokers' technological superiority, its revenues are expected to continue to improve in the quarters ahead, supported by higher client acquisitions. The Zacks Consensus Estimate for the company's 2025 and 2026 revenues is $5.68 billion and $6.03 billion, indicating year-over-year growth of 8.8% and 6.2%, respectively. Sales Estimates IBKR's Competitors Expanding Product Suite Interactive Brokers' key competitors, TradeWeb Markets Inc. TW and Robinhood Markets, Inc. HOOD, have also been rolling out products to bolster their market share. TradeWeb launched electronic portfolio trading for European government bonds, spanning U.K. Gilts, EUR and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in 2019. Likewise, Robinhood has been diversifying its offerings to capitalize on investor demands. A couple of months ago, HOOD launched Robinhood Legend in the U.K. In March 2025, the company introduced Robinhood Strategies, Robinhood Banking and Robinhood Cortex to boost wealth management offerings and the prediction markets hub. In February 2025, Robinhood launched options trading in the U.K., while in January, it launched Futures. IBKR's Price Performance, Valuation & Estimate Analysis Shares of Interactive Brokers have rallied 53.1% so far this year compared with the industry 's growth of 20.5%. From a valuation standpoint, IBKR trades at a forward price-to-earnings (P/E) ratio of 33.29, well above the industry average. The Zacks Consensus Estimate for Interactive Brokers' 2025 and 2026 earnings indicates year-over-year growth of 11.4% and 6.1%, respectively. Over the past 30 days, earnings estimates for both years have been revised upward. Interactive Brokers currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Tradeweb Markets Inc. (TW): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report This article originally published on Zacks Investment Research (

G42 Launches OpenAI GPT-OSS Globally on Core42's AI Cloud
G42 Launches OpenAI GPT-OSS Globally on Core42's AI Cloud

National Post

time3 hours ago

  • National Post

G42 Launches OpenAI GPT-OSS Globally on Core42's AI Cloud

Article content Powered by Compass API – run OpenAI's open-weight models on your choice of leading GPUs and accelerators via an instant API. Optimized performance – Unmatched AI performance, with exceptional speed of up to 3,000 tokens per second per user, scalable for diverse AI workloads. For public sector, commercial, and developer workloads – delivers agentic, high-performance systems with scalable, sovereign controlled deployments. Article content ABU DHABI, United Arab Emirates — Core42, a G42 company specializing in sovereign cloud and AI infrastructure, announced the availability of OpenAI's latest open-weight AI models, including gpt-oss-20B and gpt-oss-120B, on the Core42 AI Cloud platform, instantly accessible through the Core42 Compass API. The deployment enables enterprises, researchers, and developers to run the models on a choice of leading silicon platforms with sovereign, scalable, and high-performance capabilities. Article content Integrated into Compass API with the flexibility to access a wide spectrum of high-performance compute platforms, Core42 delivers industry-leading inference speeds of up to 3,000 tokens per second per user, enabling real-time AI at global scale while aligning workloads with the optimal infrastructure for price-performance and scalability. This deployment delivers tailored performance for low-latency inference workloads and applications, reinforcing Core42's commitment to secure and optimized global sovereign-enabled AI infrastructure. Article content 'Core42 AI Cloud, powered by silicon-diverse infrastructure, delivers the flexibility and performance needed for today's AI workloads,' said Kiril Evtimov, CEO of Core42 and Group CTO, G42. 'Through the Compass API, organizations can access the latest open-weight AI models and choose the optimal platform to scale transformation, optimize performance and cost, and drive progress across global markets.' Article content Key Benefits of Core42's Open-Weight Deployment: Article content Enterprise-scale performance – Run the fastest, most demanding workloads at global scale, enabling advanced automation, decision-making, and real-time AI experiences. Sovereign-ready scalability – Deploy high-performance AI in-country with full sovereign controls, supporting secure operations in regulated sectors such as healthcare, finance, and national security. Optimized for committed environments – Deliver fast, scalable AI in-country with sovereign controls for organizations operating under committed infrastructure agreements, ensuring predictable cost and performance. Cost-efficient agentic AI – Run agentic workloads at the lowest possible cost while maintaining in-country deployment and sovereign controls, making advanced AI accessible to cost-sensitive use cases. Article content Available now through Compass API, these models let organizations run and adapt AI locally or in the cloud, with full transparency, fine-tuning, and sovereign deployment options. Customers can align performance, cost, and compliance to their needs. Article content This release marks a pivotal move toward enterprise AI autonomy. With open-weight access, businesses can shape AI to their unique needs and unlock new possibilities for innovation at scale. Article content This announcement builds on G42's recent milestones, including the unveiling of a 5GW US-UAE AI campus and the launch of the 1GW Stargate UAE facility as Phase 1 of the project, as well as a $1.5 billion investment from Microsoft in 2024, reinforcing the UAE's role as a global AI hub. Article content For more information, visit and About Core42 Core42, a G42 company, empowers individuals, enterprises, and nations to unlock the full potential of AI through its comprehensive enablement capabilities. As a leading provider of sovereign cloud, AI infrastructure, and services, our mission is to accelerate the achievements of others and help them reach their most ambitious goals. Article content To learn more, please visit and follow Core42 LinkedIn, Core42 Instagram, Core42 X About G42 G42 is a global leader in creating visionary artificial intelligence capabilities for a better tomorrow. Born in Abu Dhabi and operating around the world, G42 champions AI as a powerful force for good. Its people are constantly reimagining what technology can do, applying advanced thinking and innovation to accelerate progress and tackle society's most pressing problems. Article content Article content Article content

The Taliban registers 1,800 unemployed Afghan refugees for jobs in Qatar
The Taliban registers 1,800 unemployed Afghan refugees for jobs in Qatar

CTV News

time4 hours ago

  • CTV News

The Taliban registers 1,800 unemployed Afghan refugees for jobs in Qatar

Men wait in line to register for a Qatar work visa for unemployed Afghans expelled from neighbouring countries, outside a registration center in Kabul, Afghanistan, Wednesday Aug. 13, 2025. (AP Photo/Siddiqullah Alizai) ISLAMABAD — The Taliban on Wednesday registered 1,800 unemployed Afghans expelled from neighboring countries for the chance to work in Qatar in the latest round of a labor agreement with the Gulf nation, a Labor Ministry spokesman said. The program is aimed at easing unemployment in Afghanistan, and the Taliban has said talks are also underway to send labor to Saudi Arabia, the United Arab Emirates, Oman, Turkey, and Russia. Last month, 3,100 Afghans were registered for jobs in Qatar, including in the food and hospitality industries. Wednesday's one-day registration period was open only to Afghans expelled from Iran and Pakistan, and took place in four major cities. At least two million Afghans have left Iran and Pakistan this year after both governments launched separate campaigns to expel foreigners they said were living there illegally. They deny targeting Afghans, but most of those forcibly returned are Afghan. People with refugee certificates were able to visit registration centers in Kabul, Kandahar, Herat, and Nangarhar for the chance to work in Qatar, Labor Ministry spokesman Samiullah Ibrahimi said. 'These work visas cover 22 different job categories, and the 1,800 visas available are for these jobless Afghan returnees,' he said. Dozens of men waited in long lines outside a registration center in Kabul. Poyan Ahmadi, who left Iran, said he wanted the Taliban government to talk to other countries. 'Here in Afghanistan, there is no work, and there is a shortage of job opportunities.' The Associated Press

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store