Tag: EBS

Forex Weekly Look Back
July 16, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: X Open Hub’s Sylwester Jezierski discusses changes in the industry, FP Markets adds more than 500 share CFDs

With the emerging new requirements in the investment ecosystems, it is important for brokerages to keep up with the digital age. Software company Devexperts in cooperation with Turkish broker Global Securities released a number of updates for the BayGlobal trading platform. Users on BayGlobal can now listen to live broadcasts of Global’s financial analysts. Every…

Read more
real time market data
March 18, 2019 BY Valentina Kirilova

EBS introduces API streaming service for the FX markets

EBS, a provider of online trading systems and technology solutions to firms in the foreign exchange industry, today revealed that it will release an advanced API streaming service on its EBS Quant Analytics platform (formerly referred to as NEX Quant Analytics), an all-inclusive analytics tool operated on a community basis.  The firm plans to launch…

Read more
cme building
December 04, 2018 BY Valentina Kirilova

CME Group's FX volumes remain steady MoM in November

Derivatives marketplace CME Group Inc. (Nasdaq: CME) has just announced its November volumes, releasing a record Energy futures and options monthly average daily volume of 3.1 million contracts, as well as Record Energy options monthly average daily volume of 492,000 contracts. FX volumes remained steady MoM in November with 904,000 contracts per day. The complete report…

Read more
CME Group completes acquisition of NEX Group
November 02, 2018 BY Valentina Kirilova

CME Group completes acquisition of NEX Group, retires the NEX name

CME Group Inc. (Nasdaq: CME) has just announced that it has completed its acquisition of NEX Group plc (LON:NXG). The combined company will enable clients worldwide to trade futures, cash and over-the-counter (OTC) markets, optimize portfolios and analyze data to efficiently manage risk and capture opportunities. CME Group will retire the NEX name and brand…

Read more
April 21, 2017 BY admin

NEX SEF approved by CFTC allowing EBS customers to trade Forex NDFs

NEX Group plc (LON: NXG) formerly known as ICAP plc, a UK-based business focused on electronic markets and post trade business, announced today that it has received approval from the Commodity Futures Trading Commission (CFTC) for NEX SEF Limited (NEX SEF), a new Swap Execution Facility (SEF). NEX SEF will allow customers to trade Non-Deliverable…

Read more
March 02, 2017 BY LeapRate Staff

EBS forex volumes down 13% in February to $80.7 billion ADV

Continuing the string of weak volume reports for the month of February from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 13% MoM, coming in at $80.7 billion ADV. Overall, February was a fairly weak month at NEX Group (formerly known…

Read more
February 16, 2017 BY admin

EBS BrokerTec chooses Nasdaq for Forex market surveillance

Nasdaq, Inc. (NASDAQ: NDAQ) today announced that it has been competitively selected to deliver its SMARTS Market Surveillance technology to EBS BrokerTec, a NEX Group Plc (LON: NXG) business that provides electronic trading technology and services to the fixed income and Forex markets. SMARTS Market Surveillance will be integrated within the EBS and BrokerTec platforms to…

Read more
Integral reports rise in March volumes
January 15, 2017 BY LeapRate Staff

EBS BrokerTec CTO Viral Tolat faces jury trial after losing appeal on Integral source code and trade secrets

LeapRate Exclusive... LeapRate has learned that Viral Tolat, former CTO of FX technology products provider Integral Development Corporation and now CTO of rival EBS BrokerTec, a unit of NEX Group PLC (LON:NXG) (formerly known as ICAP plc), is facing a jury trial for misappropriation of source code taken from Integral to EBS, as well as breach…

Read more
September 06, 2016 BY Mike Fox

ICAP EBS August volumes down 17.5% MoM to $68.4 billion ADV

Continuing the slow month of August FX volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were down 17.5% MoM from July’s $83 billion to average $68.4 billion per day in August. This now marks the…

Read more
July 11, 2016 BY Valentina Kirilova

Thomson Reuters adds EBS to its Post-Trade Network

Thomson Reuters has added FX platform EBS to its post-trade network as part of its drive to improve market efficiency through provision of a venue-agnostic trade notification service. EBS joins more than 2500 other publishers and receivers on Thomson Reuters Trade Notification (TRTN) which enables EBS to offer complete straight through processing to its clients.…

Read more