Alexey Kirienko - Biography
Education and first investments
In 2006, Mr. Kirienko received a Master’s degree in Economics from Gubkin State University. During his studies, he started to develop an interest in probability theory, game theory, conditional probabilities and statistics application in trading, which shaped his approach to finance.
To put his theoretical knowledge to the test, Alexey started making his first investments in securities. In 2005-2007, this trading focused on statistical arbitrage helped Alexey and a group of other young students earn their first big money. The success in this endeavour led Alexey to forgo his initial desire to work for a major oil and gas company and devote himself entirely to investment and trading.
Origin of the brokerage business
By 2009, Alexey had built several trading algorithms and complex financial strategies. When he met Anatoly Knyazev, his future business partner , the idea of turning the algorithms into innovative trading technology was born. An expert in cybernetics as well as computational mathematics, Anatoly sought arbitrage in trading derivatives against the underlying assets in order to find mispricings. At first they were doing it for themselves, but as other market participants showed interest in their work, Alexey began thinking about the business model and how to monetize it in an optimal way. That's when the idea of a brokerage business emerged.
The beginning of EXANTE and its history
In 2011, Alexey Kirienko and Anatoly Knyazev established a new company - EXANTE Ltd - licensed and authorized by the Malta Financial Services Authority (MFSA) to provide investment services on global markets through a single trading platform. The two partners were soon joined by Gatis Eglitis - a successful sales trader from Saxobank, who quickly realized the potential of the software and joined the company as a partner . Since its inception, the company has appealed to the clients through the exceptional quality of its software and modern, convenient and comprehensive approach to conducting business. These factors contributed to the company's success, leading to the establishment of a significant client base and recognition as one of the top innovators in its industry.Throughout the next 10 years, the business grew from a single license to a global financial conglomerate, with additional licenses in Cyprus, Hong Kong and UK.
The EXANTE trading platform currently provides access to 50 markets and over 1,000,000 instruments globally, offering clients convenient access to a broad range of financial services through a single entry point, combined with exceptional, personalized service. The quality of service earned the platform numerous accolades in the financial industry, including more than 30 awards received, including:
- Most Innovative WealthT ech & T rading Service (2024)
- Most Innovative Multi-Asset T rading Platform (2024)
- Best Multi-Asset Broker (2023)
- FT Diversity Product or Service of the Y ear in 2023 and 2024.
As a testament to his ongoing pursuit of excellence and professionalism, Alexey Kirienko was honored as the Best CEO in 2021 by the European Business Magazine.