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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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) just announced that it has appointed Kieran Walsh as Director of European Agricultural and Soft Commodities to launch and manage a new European agricultural commodities desk. Kieran will report to Graham Francis, Head of EMEA Energy and Commodities, ICAP Energy,…
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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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The London group, to be renamed NEX Group from January, is preparing to process thousands of foreign exchange trades on blockchain technology. ICAP plc (LON:IAP) will supply the code to customers in March so institutional investors can more transparently track and value deals in the spot market, which trades $1.7tn a day. ICAP, in…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) just announced that it has appointed Kieran Walsh as Director of European Agricultural and Soft Commodities to launch and manage a new European agricultural commodities desk. Kieran will report to Graham Francis, Head of EMEA Energy and Commodities, ICAP Energy,…
Read moreFurther to the announcements by markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) on 11 November 2015 and subsequently relating to ICAP's disposal of its global hybrid voice broking and information business to Tullett Prebon plc (LON:TLPR), including ICAP's associated technology and broking platforms and certain of ICAP's joint…
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Obviously November was quite a successful month for many companies. Another one to show off with great results is markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP). Last month ICAP reported that EBS Volumes have made a slight jump with 2.6% from September’s $81.7billion to October’s $83.8 billion.…
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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has announced that it has appointed Stuart Connolly as Head of Client Product Development for its Post Trade Risk and Information (PTRI) division, effective Monday 21 November. In this newly created role, Connolly will report to Jenny Knott, Chief Executive…
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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has announced its results for the six months ended 30 September 2016. The transaction with Tullett Prebon has received FCA clearance and remains on track to complete this year, subject to outstanding change of control consents Group revenue from continuing…
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Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has announced that Guy Rowcliffe, CEO of RESET, has been appointed Head of Asia Pacific, ICAP Post Trade Risk and Information Services (PTRI). In this newly created role, Rowcliffe will be responsible for Asia Pacific regional strategy for ICAP’s PTRI…
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