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Key people at ILS Brokers.
ILS Brokers was founded in 2001 by Shy Datika (Director & Founder).
ILS Brokers operates as an interdealer broker facilitating over-the-counter (OTC) trading of foreign exchange (FX), interest rate differentials (IRD), and various other derivative products between tier-1 and tier-2 global banks and large institutions, based in Tel Aviv, Israel. The firm specializes in comprehensive financial brokerage services, generating its revenue through brokerage commissions applied to these interdealer transactions across FX, IRD, and other derivatives markets. It has established and maintains active relationships with over 50 tier-1 and tier-2 global banks, holding NFA membership as an introducing broker and swap firm. ILS Brokers was later acquired by INX Limited, a prominent entity in the regulated digital asset trading space. Notably, its UK affiliate, ILS Brokers Limited, was dissolved on November 26, 2024. The organization was founded in 2001 by Shy Datika.
ILS Brokers was founded in 2001 by Shy Datika (Director & Founder).
Key people at ILS Brokers.
ILS Brokers is a multinational Tel‑Aviv–based voice and electronic brokerage house specializing in Israeli‑shekel (ILS)–related FX and interest‑rate products, now part of (and operating under) Marex following corporate transactions; it intermediates large‑ticket trades between banks and institutional counterparties rather than taking customer funds or acting as a principal.[2][4]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech / Finance Landscape
Quick Take & Future Outlook
Quick factual notes: ILS Brokers is headquartered in Tel Aviv and lists contact details on its site; it was registered as an IB with the NFA in 2015 and has been described as one of the most active USD/ILS spot brokers and the leading broker in ILS options[2][4].