NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, has just announced its trading statement for the month of May 2018 and the results are finally good.
Spot FX results were 21% up MoM.
US Treasury’s numbers also rose with 15% MoM.
The complete results can be seen in the table below:
NEX Markets Volumes – May 2018
| Average daily volume (in USD billions unless otherwise stated, single count) | ||||||||
| May | YoY% change | April | MoM% change | 12 Months ended 31 May | % change | |||
| 2017 | 2018 | 2018 | 2017 | 2018 | ||||
| US Treasury | 170.0 | 178.2 | 5% | 155.1 | 15% | 167.0 | 167.5 | 0% |
| US Repo | 216.5 | 229.2 | 6% | 233.6 | (2%) | 220.2 | 243.5 | 11% |
| European Repo (in EUR billions) | 226.9 | 260.4 | 15% | 255.4 | 2% | 194.6 | 243.3 | 25% |
| Spot FX | 81.3 | 101.3 | 25% | 83.4 | 21% | 83.6 | 88.7 | 6% |
Volume information includes UST Benchmarks and Agencies. Off-the-Run securities, including T-Bills, are provided pursuant to an agreement with ICAP Securities USA LLC.