CME and NEX Group reach agreement on acquisition which is expected to close in the second half of this year.
Tag: NEX Group
NEX Group confirms rumours that it received a preliminary approach from CME Group regarding an acquisition.
CFETS chose NEX Group in June 2016 to deliver underlying technology for new spot, forwards and swaps FX trading platform.
Benchmarks will create reference price from transactions and orders on the BrokerTec trading platform.
Cost savings were raised from £25 million to £40 million after NEX Group reports a fall in profits in the first half of this year.
NEX Group has overhauled its senior management as Jenny Knott, CEO of NEX Optimisation, steps down to pursue other opportunities.
Bloomberg, the London Stock Exchange Group, MarketAxess and NEX Group received approval to operate ARMs under MiFID II.
Service launched for over-the-counter FX trades, with plans to expand into all asset classes.
Colin Murphy from Goldman Sachs has been appointed chief commercial officer of NEX Group’s Optimisation unit.
Flat revenues at NEX Group’s FX trading unit hit profits across its Markets business.