February 16, 2017 BY Valentina Kirilova

triResolve Margin signs over 60 clients in anticipation of the variation margin rules

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017. These institutions include dealers, buy-side and corporate clients such as Mizuho Bank, Ltd., Sampo plc,…

Read more
February 06, 2017 BY Valentina Kirilova

NEX Group replaces Per Sjöberg with Stuart Connolly as CEO of post trade tech unit TriOptima

NEX Optimisation, a NEX Group PLC (LON:NXG) business which helps clients reduce complexity and optimise resources across the transaction lifecycle, just announced that Per Sjöberg, Chief Executive Officer (CEO) of TriOptima, has decided to leave the business to pursue other ventures. Michael Spencer, CEO of NEX Group plc, said: We thank Per for all of…

Read more
February 01, 2017 BY Valentina Kirilova

EBS Live Ultra to provide data at 5ms intervals

EBS BrokerTec, a NEX Group (LON:NXG) business which provides electronic trading technology and services, announced that it has further enhanced its EBS Live Ultra data feed, providing spot foreign exchange (FX) data at 5 millisecond intervals. Last year EBS BrokerTec launched EBS Live Ultra with two data publication intervals – 100ms and 20ms – with the…

Read more
January 27, 2017 BY Valentina Kirilova

BrokerTec Europe acquires Italy's e-MID SIM SpA

BrokerTec, NEX Group (LON:NXG)’s global electronic fixed income trading platform, announced today that it has agreed to acquire a controlling 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 is subject to certain conditions, including most importantly the…

Read more
January 12, 2017 BY Valentina Kirilova

NEX Group sets agreement to distribute Tradition market data

NEX Data, a NEX Group (LON:NXG) business which delivers global pricing data and information solutions, and Tradition, an interdealer broker in over-the-counter commodity and financial products, just announced that they have agreed a distribution partnership. NEX Data will become a key distributor for Tradition’s market data and information services division, TraditionDATA. The agreement includes real-time and end-of-day…

Read more
January 06, 2017 BY Valentina Kirilova

EBS December Forex volumes down 35% MoM to $74.8 billion ADV

NEX Group plc (LON:NXG) just announced its electronic market volumes for the last month of 2016. EBS December Forex volumes dropped down 35% to $74.8 billion ADV from November's hit number, but after all, this was the company's best month since January 2015 at $114.6B ADV. US treasury also dropped with -28.81% to $152.2 billion…

Read more