Modulus Prepares to Launch Groundbreaking Futures, Options & Swaps Derivatives Exchange in MENA Region

FOR IMMEDIATE RELEASE

Scottsdale, Ari. – December 20, 2023?–?Modulus, a US-based developer of ultra-high-performance trading and surveillance technology, is excited to announce the upcoming launch of its cutting-edge derivatives exchange --- featuring futures, options, and swaps --- in the MENA region. With a mission to revolutionize the digital assets landscape, the new exchange will provide innovative financial solutions while adhering to the highest standards of security and compliance.

The expansion into the MENA region marks a significant milestone for Modulus, as it continues to spearhead the evolution of digital assets trading and investment opportunities globally. This strategic move aims to provide a robust platform for investors in the MENA region to engage in sophisticated digital asset-based financial instruments, all powered by its reliable, cutting-edge technology.

Richard Gardner, CEO of Modulus, expressed enthusiasm about this pivotal step, stating, "The launch of our latest exchange signifies our commitment to fostering financial innovation while adhering to regulatory compliance. We believe this venture will unlock unprecedented opportunities for retail and institutional investors in the region."

To fortify its operational framework and ensure the highest level of security and compliance, Modulus is actively seeking exceptional individuals to fill the crucial roles of Chief Information Security Officer (CISO) and Chief Compliance Officer (CCO). Both positions require candidates to be located in, or willing to relocate to, the MENA region.

The CISO and CCO will play integral roles in Modulus’ MENA leadership team, overseeing the implementation of robust security measures and regulatory compliance protocols to safeguard the platform and its investors’ interests.

“As we embark on this exciting new journey, the roles of Chief Information Security Officer and Chief Compliance Officer are paramount to upholding our commitment to security, integrity, and compliance. We seek visionary leaders who share our passion for innovation and are dedicated to setting the highest standards in the financial industry,” Gardner said.

Since its founding in 1997,?Modulus?has been the go-to for industry heavyweights like Microsoft, Dell, NASA, JP Morgan Chase, Bank of America, and?Nasdaq, as well as digital asset leaders like Celsius. With a formidable portfolio that includes fintech products, such as digital asset exchanges, commodities, equities, and forex trading platforms, to innovative systems for crowdfunding, fund management, neo banking, and AI solutions,?Modulus’ services are as diverse as they are revolutionary.

“Interested candidates with expertise in cybersecurity, compliance, and a passion for the digital assets space are encouraged to apply for these challenging and rewarding positions by visiting the Modulus Careers webpage,” noted Gardner.

About?Modulus:

Modulus provides advanced financial technology products and services to financial exchanges; brokerages;?trading?firms; hedge funds; and educational, governmental, and non-profit institutions throughout more than 100 countries. The company's products and services reach millions of users around the world. Modulus is the largest holder of fintech IP on the planet.