Tag: NEX Group PLC (LON:NXG)

September 27, 2017 BY Valentina Kirilova

NEX Markets launches community-based FX analytics tool NEX Quant Analytics

NEX Markets, a NEX Group (LON:NXG) business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announced today that it has launched NEX Quant Analytics, a FX market comprehensive community-based analytics tool for clients trading on the EBS platform. Individual banks and trading houses may use similar analytics internally,…

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July 06, 2017 BY Valentina Kirilova

NEX Group: NEX SEF Limited went live on 3 July

NEX Group PLC (LON:NXG) announced that its Swap Execution Facility (SEF), NEX SEF Limited, went live on 3 July 2017. NEX SEF received approval from the Commodity Futures Trading Commission (CFTC) in April 2017 and is also authorised and regulated with the Financial Conduct Authority (FCA). Registration with the CFTC and the FCA will allow…

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NEX Group
July 04, 2017 BY Valentina Kirilova

NEX Group releases steady June electronic markets volumes

Just one day after NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit has launched the FX industry’s first fully automated Settlement Netting Service, the company released its electronic markets volumes for the month of June 2017. US Treasury was $166.1 bln, 2% down MoM. US Repo was $226.5 bln, up 13% YoY…

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FX settlement
July 03, 2017 BY LeapRate Staff

NEX Optimisation launches OTC FX automated Settlement Netting Service

NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has launched the FX industry’s first fully automated Settlement Netting Service to streamline the bilateral settlement netting process for market participants. The Settlement Netting Service will automate settlement netting of over-the-counter foreign…

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nex group
June 28, 2017 BY LeapRate Staff

NEX Optimisation’s triReduce compression service hits quadrillion dollar milestone in notional principal eliminated

London based NEX Group PLC (LON:NXG), formerly ICAP plc, has announced that participants in its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, have eliminated over $1 quadrillion ($1,000 trillion) in OTC derivative notional principal using its triReduce compression service, since first introduced in 2003. triReduce is a…

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CIMB foreign exchange
June 13, 2017 BY LeapRate Staff

CIMB Securities hires Saxo Bank's Andrew Leelarthaepin as Head of Foreign Exchange

LeapRate has learned that Kuala Lumpur, Malaysia based commercial bank CIMB Group Holdings Bhd (KLSE:CIMB) has hired Andrew Leelarthaepin as Head of Foreign Exchange for its CIMB Securities unit. Mr. Leelarthaepin joins CIMB from Saxo Bank, where he was Director - Institutional API Sales, Asia Pacific for the past three years. He will continue to be based in Singapore,…

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