Tag: NEX Optimisation

July 07, 2017 BY Valentina Kirilova

NEX Optimisation launches automated credit rebalancing tool

Rebalancer enables dynamic allocation of credit across ECNs NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has launched an automated credit rebalancing tool that specifically addresses limit over-allocation by prime brokers. Rebalancer went live across five major ECNs on 2 July 2017, with further platforms…

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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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nex group
May 23, 2017 BY Valentina Kirilova

NEX Infinity into production testing for FX and cash equities on the distributed ledger

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has built the underlying architecture for NEX Infinity, a cloud hosted, Software as a Service (SaaS) platform which will transform the delivery of NEX Optimisation’s services to clients. From July 2017, clients will be able to start…

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May 17, 2017 BY Valentina Kirilova

NEX Optimisation appoints Goldman Sachs Colin Murphy as Chief Commercial Officer

NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has appointed Colin Murphy as Chief Commercial Officer of NEX Optimisation which incorporates Head of Sales for NEX Regulatory Reporting. Colin joined NEX Optimisation on 15 May 2017. Launched in March 2017, NEX Regulatory Reporting is a…

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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…

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