New Request-for-Quote platform to launch in Q2 this year for European market participants.
Tag: NEX Group
CME said the launch marks the first time the FX market will be able to stream trade-by-trade data to analyse impact of trades.
After connecting last month, BrokerTec clients can choose Eurex Clearing as the CCP for clearing EUR repo trades.
US futures exchange has completed its acquisition of NEX Group after receiving approvals from the necessary authorities.
CME and NEX have received clearance from the UK competition authority, meaning all regulatory and antitrust approvals have been given.
US Department of Justice and the UK’s FCA give green light for CME Group’s acquisition of NEX Group.
New tool will allow firms to calculate initial margin amounts, manage margin calls and resolve disputes, as thousands of buy-side firms are expected to come in-scope next year.
Oliver Hemsley will take over from current NEX Exchange chief executive Patrick Birley upon completion of the deal.
NEX Group subsidiary Intercapital Capital Markets was found to have helped bank clients manipulate the USD ISDAFIX benchmark.
TORA and NEX Group have partnered to help clients meet MiFID II trade and transaction reporting requirements.