NEX Optimisation announces 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 going live throughout the year.
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 Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has launched the industry’s first fully automated Settlement Netting Service to streamline the bilateral settlement netting process for market participants.
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that participants in its triReduce compression service have eliminated over $1 quadrillion (1,000 trillion) in OTC derivative notional principal since its introduction in 2003.
NEX Euclid Opportunities, NEX Group’s financial technology investment business, announces today that several companies from its investment portfolio have been honoured in the 2017 Sell-Side Technology Awards.
NEX Regulatory Reporting announces today that the NEX Regulatory Reporting Platform powered by Abide Financial has been named “Best Regulatory Reporting Platform” in the 2017 Operational Risk (OpRisk) Awards. Abide Financial was also honoured in the 2016 OpRisk Awards as “Best Managed/Support Services Provider.”