NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today that it will be relocating its New York and London offices at a time of significant change for the business. From the end of April, the NEX Group businesses in New York will relocate to new offices at 4…
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NEX Group plc (LON:NXG) just announced its March market volumes. US Treasury was up 11% YoY, respectively 1% MoM to $172.0 bln. Numbers in US Repo also climbed up last month to $225.2bln up 11% from February's $202.0bln. European Repo (in EUR billions) didn't make a lot difference from February, but was up 17% YoY…
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BrokerTec, NEX Group (LON:NXG)’s global electronic fixed income trading platform, announced today that following Bank of Italy approval it has completed the transaction to acquire a majority stake in e-MID SIM SpA (e-MID), the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS). The transaction offers BrokerTec…
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EBS BrokerTec, a NEX Group (LON:NXG) business which provides electronic trading technology and services, announced a new internal structure for its electronic foreign exchange (FX) business, EBS, to allow it to better serve its customers. The new structure which is effective immediately, presents EBS as a service-driven business focused on what customers need, rather than…
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NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, announced that it has launched NEX Reg, a new think tank focused on regulatory and market structure issues. Kay Swinburne MEP has been appointed as Chair and she will work with senior leaders from across NEX…
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NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, announces today that it has appointed Mireille Dyrberg to its Board as a Non-Executive Director. Mireille is Chief Operating Officer of TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets.…
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NEX Group plc (LON:NXG) announced that on 21 February 2017 the United States District Court in the Southern District of New York dismissed two entities which formed part of the ICAP Group (ICAP plc and ICAP Europe Limited) from a class action case brought by various investors who alleged manipulation of the Euro Interbank Offered…
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Traiana, a NEX Group (LON:NXG) business which monitors pre-trade risk and automates post-trade processing of financial transactions, announces today that it has launched Swaps Centre, a suite of services which enable swaps providers to electronically manage payments and confirmations in equity swaps. By sending confirmations and uploading payment instructions in normalized formats to their entire…
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Euclid Opportunities, NEX Group (LON:NXG)’s financial technology investment business, announced today that it has made a strategic investment in RSRCHXchange, a cloud-based marketplace and MiFID II workflow solution for accessing institutional research. Terms of the investment are not disclosed. RSRCHXchange launched RSRCHX, its marketplace and MiFID II workflow solution for institutional research in 2014, in…
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CLS Group (CLS), a provider of risk mitigation and operation services for the global foreign exchange (FX) market, and TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that counterparties have eliminated US$1 trillion in gross notional value from their FX forward and swap portfolios using…
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