triResolve Margin signs over 60 clients in anticipation of the variation margin rules LeapRate

February 16, 2017 BY Valentina Kirilova

triResolve Margin signs over 60 clients in anticipation of the variation margin rules

TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that over 60 clients have adopted its triResolve Margin service in anticipation of the new variation margin regulations effective 1 March 2017. These institutions include dealers, buy-side and corporate clients such as Mizuho Bank, Ltd., Sampo plc,…

February 15, 2017 BY Valentina Kirilova

NEX Group sees strong Q3 results thanks to US election volatility

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%…

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…

February 03, 2017 BY Valentina Kirilova

EBS January Forex volumes up 13% MoM to $93.2 billion ADV

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…

February 01, 2017 BY Valentina Kirilova

EBS Live Ultra to provide data at 5ms intervals

EBS BrokerTec, a NEX Group (LON:NXG) business which provides electronic trading technology and services, announced that it has further enhanced its EBS Live Ultra data feed, providing spot foreign exchange (FX) data at 5 millisecond intervals. Last year EBS BrokerTec launched EBS Live Ultra with two data publication intervals – 100ms and 20ms – with the…

January 27, 2017 BY Valentina Kirilova

BrokerTec Europe acquires Italy's e-MID SIM SpA

BrokerTec, NEX Group (LON:NXG)’s global electronic fixed income trading platform, announced today that it has agreed to acquire a controlling majority stake in e-MID SIM SpA “e-MID”, the first Italian electronic central limit order book (CLOB) platform for interbank deposits and Overnight Indexed Swaps (OIS). The transaction is subject to certain conditions, including most importantly the…

January 12, 2017 BY Valentina Kirilova

NEX Group sets agreement to distribute Tradition market data

NEX Data, a NEX Group (LON:NXG) business which delivers global pricing data and information solutions, and Tradition, an interdealer broker in over-the-counter commodity and financial products, just announced that they have agreed a distribution partnership. NEX Data will become a key distributor for Tradition’s market data and information services division, TraditionDATA. The agreement includes real-time and end-of-day…

January 06, 2017 BY Valentina Kirilova

EBS December Forex volumes down 35% MoM to $74.8 billion ADV

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…

Tag: LON:NXG