Based in NYC, trueEX is an electronic execution platform for the global interest rate swaps (IRS) market. trueEX will initially serve the $300 trillion global interest rate swaps (IRS) market and expand into other liquid derivatives as appropriate. Interest rate swaps are currently traded largely over the phone, without regulatory oversight, pre-trade or post-trade transparency, and with very little automation. The trueEX electronic exchange has been designed to serve the needs of both market makers as well as asset managers, hedge funds and other buy-side firms.
Company Growth (employees)
New York, US
Size (employees)
60 (est)+2%
trueEX was founded in 2010 and is headquartered in New York, US

Key People at trueEX

Sunil Hirani

Sunil Hirani

Co-Founder and CEO
Scott Murphy

Scott Murphy

Independent Directors
Sara Lewin

Sara Lewin

Chief Administrative Officer
Fran Kenck

Fran Kenck

Chief Regulatory Officer

trueEX Office Locations

trueEX has an office in New York
New York, US (HQ)
162 Fifth Avenue Suite 902

trueEX Data and Metrics

Summary Metrics

Founding Date


Total Funding

$16.8 m

Latest funding size

$9 m

Time since last funding

over 3 years


trueEX's latest funding round in January 2014 was reported to be $9 m. In total, trueEX has raised $16.8 m

Traffic Overview of trueEX

trueEX News and Updates

A fast-growing Wall Street startup has made a 'game changer' hire

A fast-growing derivatives exchange has made a big hire. trueEX, an interest-rate swap execution platform, has hired former Deutsche Bank executive Chris Yoshida to run sales, marketing, and strategy. He will join the executive team of CEO Sunil Hirani and president and chie…

trueEX Company Life and Culture

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