NEX Regulatory Reporting announces today that Abide Financial has received approval from the Financial Conduct Authority (FCA) as an Approved Publication Arrangement (APA), with effect from 3 January 2018. The authorisation will allow NEX Regulatory Reporting to provide enhanced MiFID II services.
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announces today that it has enhanced its existing messaging services to help clients prepare for the 3 January 2018 MiFID II go-live.
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 welcomes the decision by the US District Court, Southern District of New York, to dismiss all claims against ICAP Capital Markets in an antitrust class action regarding the interest rate swaps market.
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.