NEX Group market volumes drop in March

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the month of March 2018.

Spot FX results were down 14% MoM to 92.7.

US Treasury’s numbers have also plunged with 21% from February’s 238.7.

The complete results can be seen in the table below:


NEX Markets Volumes – March 2018

Average daily volume (in USD billions, single count)
March YoY% change February MoM% change 12 Months ended 31 March % change
2017 2018 2018 2017 2018
US Treasury 172.0 188.9 10% 238.7 (21%) 164.1 167.7 2%
US Repo 225.2 264.8 18% 271.4 (2%) 219.3 240.8 10%
European Repo (in EUR billions) 215.0 268.4 25% 269.0 0% 186.3 237.6 28%
Spot FX 86.5 92.7 7% 108.3 (14%) 83.3 86.4 4%

Volume information includes UST Benchmarks and Agencies. Off-the-Run securities, including T-Bills, are provided pursuant to an agreement with ICAP Securities USA LLC.

Read Also: