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.”
NEX Regulatory Reporting and Duco, the global provider of self-service data normalisation and reconciliation services, today announce that NEX Regulatory Reporting is to use Duco’s technology to provide MiFID II reconciliation to their clients.
NEX Markets announces today that Bank of China (Hong Kong) Limited, a mainstream bank as well as an integrated and regional financial group with roots firmly planted in Hong Kong for 100 years, will be joining the EBS Direct platform as a liquidity provider (LP), offering increased liquidity and improved pricing to clients on the platform globally, particularly those trading the offshore Chinese renminbi (CNH).
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 announces today that Stuart Bridges, Group CFO, has stepped down from the Board and will be leaving the Company later in the year. Samantha Wren, currently Chief Commercial Officer for NEX Markets, has been appointed to the role and will join the Board effective immediately.
NEX Markets, which is a leading electronic trading platforms and solutions business in foreign exchange (FX) and fixed income, announces today that it was named “Best FX Interdealer Platform” by the readers of Profit & Loss in the publication’s 2017 Readers’ Choice FoXy Awards.
NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of the global markets, announces today that it is the official global sponsor of XBlades, the world’s leading drone racing team.
NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announces today that following the publication of the FX Code of Conduct (“the Code”), it plans to adopt the Code’s principles across its FX trading platforms.
NEX Optimisation announces today that it has restructured to organise the business in a way that clients want to consume services and address their own financial, regulatory and operational challenges. The restructure transforms the way NEX Optimisation delivers its services to clients.