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Tag Archives: EBS BrokerTec

NEX Stop, The Future Of Markets Blog,Commentary,Feature

Sometimes the machine needs a reboot. Such is the case with NEX Group, the former ICAP group minus the ICAP voice brokerage business. By now, we know that NEX’s CEO Michael Spencer looked to the future and decided that voice brokering wasn’t it. That doesn’t mean it isn’t valuable. But it just isn’t what he wants to do with his time or shareholder money. So what’s left? Plenty actually, although it took me a while to figure it out. In a simplistic sense, the company is rolling all of its trading platforms, technology companies and venture capital arm into one…

Next Frontier: NEX Group’s Michael Spencer Says The New Firm In Position To Capitalize On Trading And Technology Feature,Video,video

With the sale of the ICAP voice brokerage business in December 2016, NEX Group was born, or perhaps, re-born. The re-booted NEX is composed of electronic OTC interest rate and FX markets, a listed exchange, plus a group of technology firms for pre- and post-trade services, as well as a venture capital firm focused on fintech. NEX CEO Michael Spencer spoke with John Lothian News at the FIA Boca conference about the newly formed company which he described as a “technology focused series of assets.” By that he means NEX still operates four main business units: NEX Markets, which runs…

London Stock Exchange and Deutsche Börse merger blocked by EU; Britain Sets Historic Brexit Process in Motion; EBS BrokerTec shuffles FX business structure John Lothian Newsletter,Newsletter

First Read Comment from Director of Strategy at Fidessa on UK triggering article 50 and impact on financial markets Via JohnLothianNews.com On the markets and trading technology: “Article 50 is part of a broader global phenomenon of nationalism that is breaking out globally. This has profound effects on financial markets as the concept of a single global financial marketplace looks more fragile than ever. Nevertheless in the real world financial market participants need to trade and operate globally. To do so, they need access to real global networks that allow them to deal in whatever market required while normalising any…