Exberry expands advisory board with appointment of exchange modernizer Tony Mackay
Experienced CEO and founder of global Chi-X alternative exchanges takes key strategic role to accelerate Exberry’s ambition to target global exchanges and markets
London, Tel Aviv, Monday, 21st September, 2020: Exberry, the exchange technology pioneer, has today announced that leading-edge financial markets’ visionary, Tony Mackay, has joined its Advisory Board. Tony will play a key role in advising the direction of the company and support Exberry in delivering its plans to introduce cloud based multi-asset class exchange infrastructure technology to the wider global market, enabling traditional, alternative and digital asset exchanges to launch, pivot and scale effectively.
Anticipating the potential of emerging digital assets and demand for alternative secondary market trading opportunities, Exberry’s infrastructure overcomes the limitations of existing exchange technology. It also enhances current exchanges’ capabilities and creates a platform for new digital asset and alternative asset class models.
Tony Mackay brings a unique perspective on the global exchange marketplace. He was a pioneer of institutional electronic trading at Instinet between 1995 and 2012. In 2007, Tony was the founding CEO and Chairman of Chi-X Europe – an Instinet led consortium of global trading firms and investment banks. By 2010 Chi-X Europe became the biggest pan-European intra-day trading venue with over 20% of the continuous trading volume. In 2012 American Exchange BATS (now part of CBOE) bought Instinet Europe. He also founded Chi-X Global which developed alternative markets in Canada, Australia, Singapore and Japan.
He is currently CEO and founder of XB Market Ventures and Xbourse Global which are involved in a range of digital asset projects in Bermuda, Australia, Singapore and Israel. Tony is also an advisor and NED to the Australian digital gold and commodities investment firm, Infini Gold. A key deciding factor in Tony joining the advisory board is Exberry and Digital Asset recently announcing their partnership to deliver integration of DAML and DABL technologies with Exberry.
Exberry delivers a core matching engine that is light to deploy and easy to integrate into new and existing ecosystems through well-documented APIs and an easy to access sandbox. This is delivered as a “Matching Engine-as-a-Service” concept, allowing clients to reap the full benefits of a cloud-based or on premise solution. The modular, cloud-ready structure allows trading and market infrastructure technology to scale easily.
Erez Zada, CEO of Exberry, said: “We are delighted to welcome Tony Mackay to our advisory board as we build on our early success and enter the next stage of Exberry’s development. He brings a combination of tremendous vision and experience in the global exchange world, with a clear passion to apply new technologies to scale and support clients of every size, location and asset class. It has been clear from all our discussions, that Exberry will form a key part of his transformation vision, and on a global scale. His pedigree as an industry pioneer, founding, launching and successfully growing exchanges and technology firms will be invaluable to our leadership team as we leverage our early successes and scale to meet the pace of industry demand”
Tony Mackay commented: “I am looking forward to working with the Exberry management team. We are on the cusp of digitization in the exchanges and markets world and the Exberry timing couldn’t be better. Every exchange and marketplace operator wants to free itself from the choking limitations of legacy technology to take advantage of new possibilities and seize the potential of new asset classes. But they need to move quickly. The world is changing at pace and the Exberry matching engine technology makes it easier for exchange innovators to launch new products quickly and securely and integrate them seamlessly into the wider financial markets ecosystem.”
The announcement follows Exberry unveiling new partnerships with major digital asset players, LDX and Digital Asset.
Notes to the Editor:
Exberry delivers a purpose built exchange infrastructure regardless of the asset class or opportunity. The core technology is deployed to enhance existing exchanges’ limited capabilities or to serve as the base for trading new digital assets.
Our core matching engine has been designed not only to compete with the technology used by the biggest exchanges in the world, but also as light to deploy, integrate and operate and is therefore an excellent fit for start-ups and anything in between.
We help exchange pioneers at all levels and of all sizes launch, pivot, break ground and scale. Unlike any other technology provider, Exberry delivers a blend of exchange and trading technology expertise for secondary market models, combining entrepreneurial pedigree and corporate strength.
Exberry is suited to support every type of marketplace from traditional assets (on exchange traded financial instruments including equity, futures and commodities) to digital assets including tokenized assets, alternative assets, as well as gaming and real estate.
Our technology and software engineering heritage combined with our strategic business counsel means Exberry can quickly scale with business growth, and is easy to integrate into new and existing ecosystems through well documented APIs and easy to access sandboxes.
Exberry is part of the OM2 Group, that builds fintech companies together with entrepreneurs and partners who we believe will transform how people and enterprises finance, transact & interact.