NEX Optimisation announces today that Baton Systems (“Baton”), a high-speed payments infrastructure provider, has joined NEX Infinity as the first third party to provide its services through the platform.
NEX announces today that it has launched PIVOT (Payments and Investments Optimisation Tool), a new cash and collateral movement workflow tool which enables clients to make cash movements and money market sweeps.
Each month NEX publishes average daily volume data in selected products. The volume figures cover electronically traded products - spot foreign exchange, US Treasury products, European and US repo products.
NEX Regulatory Reporting announces today that Abide Financial DRSP Ltd has received approval from the Financial Conduct Authority (FCA) as an Approved Reporting Mechanism (ARM), with effect from 3 January 2018. The authorisation will allow NEX Regulatory Reporting to report client transactions to National Competent Authorities (NCA) across Europe under MiFID II.