Continuing the up and down month (but with very slight variations) we have seen in Forex trading volumes from leading eFX platforms, May spot FX volumes at NEX Markets came in at $81.3 billion ADV – up 7% over April.
We recently reported that the EBS BrokerTec unit was renamed NEX Markets, effective immediately, following the parent company’s renaming from ICAP plc to NEX Group. However the business retained its existing service names for its FX and fixed income platforms, EBS and BrokerTec.