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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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…
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NEX Group plc (LON:NXG) announced its trading statement for the third quarter ended 31 December 2016. This is the first trading update since the official launch of NEX Group. Full year results for the year ended 31 March 2017 will be announced on 15 May 2017. Here are the highlights: Q3 Group revenue up 11%…
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EBS BrokerTec, a unit of NEX Group PLC (LON:NXG) (formerly known as ICAP plc), just shared its Electronic Market Volumes for the month of January 2017. EBS Volumes were up 12.6% MoM to $93.2 billion ADV. US Treasury was also up 17% MoM, though it dropped a bit compared to the same period last year…
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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…
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Further to the announcements by ICAP plc on 11 November 2015 and subsequently and the announcements by NEX on 6 December 2016 and subsequently relating to the disposal of NEX's global hybrid voice broking and information business to Tullett Prebon plc (now renamed TP ICAP plc), including NEX's associated technology and broking platforms and certain…
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Tullett Prebon plc just announced that it has changed its name from Tullett Prebon plc to TP ICAP plc and will commence trading under the new Tradable Instrument Display Mnemonic “TCAP” tomorrow. The Company's website will be changed to www.tpicap.com on 30 December 2016. All other details remain unchanged. TP ICAP plc also noted that has…
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