Andrey Dashin’s Exinity has dived into a new business area as it gears toward offering liquidity solutions to institutions under the brand ‘Exinity Connect’. According to a LinkedIn post, the details of the new liquidity services will be announced later this month.

The Launch of Exinity Connect

“We are proud to introduce Exinity Connect, the latest venture of Exinity Group, set to redefine liquidity solutions,” a LinkedIn post by Exinity Connect stated. “With a fantastic team at the helm, cutting-edge technology, a quarter-century of experience, and unique risk management algorithms, we are merging our rich experience with innovative API solutions. Our mission is to help you connect with the power of success.”

Similar to Exinity, many other established brokerage brands, including CMC and ThinkMarkets, have separate institutional units to offer liquidity. ThinkMarkets entered the space in 2021 with the launch of Liquidity.net, its institutional wing.

Although details on the new services are still scarce, Exinity will target broker-dealers, family offices, and hedge funds.

“With access to Tier-1 banks as well as non-bank market maker liquidity, Exinity Connect lets broker-dealers, family offices, and hedge funds benefit from deep market access and fast execution,” the webpage detailing Exinity Connect reads.

Regulations Are Necessary

The liquidity services will be offered under two regulatory licenses: one is the Financial Conduct Authority’s (FCA) approval in the United Kingdom, and the other from Mauritius’ Financial Services Commission.

Earlier, Finance Magnates reported the financials of the FCA-regulated Exinity UK Limited, noting its revenue for 2022 totaled approximately £1.68 million, slightly down from £1.79 million in the previous year. However, the profits of the company skyrocketed to £319,251. Established in February 2017, the unit received its regulatory license a year later and has been operating its client trading platform since April 2018, with plans to now extend to liquidity services.

Dashin established Exinity as the umbrella of his other forex brands, like FXTM and Alpari. It also oversees other business divisions like Nemo, an investing app for cash equities and ETFs, and Pulse, a gamified tool for market predictions.