NEX TriOptima unveils initial margin compliance tool
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.
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.
Axoni closes Series B funding round with participation from JP Morgan, Wells Fargo, Franklin Templeton Investments and NEX Group.
This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
Major institutions back cloud-based voice communications FinTech firm Cloud9 Technologies with latest investment round.
NEX BrokerTec and Tradition will provide data on US Treasuries and interest rate swaps for new data service from Bloomberg.
BME Clearing will be available on the NEX Markets BrokerTec FX and fixed income trading platform.
The BFIX benchmarks have been added to NEX Markets eFIX Matching service.