Dubai based Retail FX and CFDs broker MultiBank Group has announced a change in leadership at its institutional electronic trading platform unit MEX Exchange. MEX Exchange’s CEO since its inception in 2024, David Ogg, will be moving to a Vice Chairman role, while Brian Andreyko has been promoted to Chief Executive Officer of MEX Exchange.

David Ogg

David Ogg is widely recognised within the institutional FX industry as the “Father of the ECN.” He founded HotspotFX in 1999, the first institutional FX electronic communications network, before going on to establish LavaFX and Ogg Trading. His career has also included senior roles at Credit Suisse, Lehman Brothers, HSBC and Dresdner Kleinwort Benson, as well as work with Bloomberg and Citibank on institutional FX trading solutions.

Commenting on his new role at the company, David Ogg, Vice Chairman of MEX Exchange, said,

“Institutional FX has evolved considerably over the past several decades, but there remains significant scope for innovation in how liquidity is accessed, matched and executed. At MEX Exchange, our focus is on combining deep market expertise with advanced technology to build an institutional trading venue that addresses the evolving requirements of market participants globally. I look forward to supporting the company’s strategic direction in my new role as Vice Chairman.”

Brian Andreyko

Brian Andreyko joined MEX Exchange earlier this year as Chief Product Officer (CPO), after holding a similar role for five years at FX trade execution and liquidity aggregation specialist Edgewater Markets. He brings over 30 years of experience in financial technology and institutional markets, with a track record of building, scaling and leading electronic trading businesses. Brian also previously served as Chief Operating Officer and Chief of Staff at Currenex, and as Executive Vice President and Head of EBS at ICAP. He also served as CEO of MakoFX/Liquidity Pool and Chief Business Officer at TradAir, both of which were subsequently acquired.

Brian Andreyko, CEO of MEX Exchange, said,

“MEX Exchange has a clear opportunity to bring a differentiated proposition to the institutional trading market. My priority as CEO will be to translate our technology and market expertise into a scalable platform that delivers speed, efficiency and a strong execution experience bringing together Emerging Market and Global participants. I look forward to working closely with David and the wider team as we move into the next stage of the company’s growth.”

About MultiBank Group

MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a daily trading volume that exceeds $35 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 18+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 1000:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies.

MultiBank and MEX Exchange are controlled by company Founder and Chairman Naser Taher.