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Tag Archives: OTC trading

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…

The Voice: Green Key Technologies Is Turning Your Brokerage Voice Into Valuable Data; CEO Christensen Says Voice Brokerage Is Far From Dead, And The Conversations Gleaned Could Be Transformational For Firms Exchanges, OTC & Clearing,Feature,Interview,Mwiki,ReformWiki,Regulation,Regulation & Enforcement,Tech / HFT,Video

In today’s financial markets, the conversation is most often about electronic trading, high frequency trading, complex orders via algorithms and so forth. Yet, for the $492 trillion global OTC derivatives markets as well as block and listed markets, firms still conduct business over the phone, person-to-person, a practice which is now availing itself to new technology in compelling ways. Paul Christensen, who started as CEO of Green Key Technologies in March, told John Lothian News that phone transactions for certain markets is “a much higher quality way of communicating.” As such, technology firms are seeking ways to harness the value…

Pipelines: Nick Solinger Talks Market Infrastructure for SEFs Regulation,Video

It’s been a historic year for swap execution facilities as more were launched in the wake of Dodd-Frank rulemaking by the Commodity Futures Trading Commission. Nick Solinger, head of product strategy and chief marketing officer of Traiana, said that its been a good year for firms getting connected to SEFs and for SEFs getting off the ground. The firm connected 16 FCMs to 16 SEFs with six more on the way. “The typical FCM has been able to clear, three, four, five, six different venues with that one connection to our hub,” Solinger said. “Buy-side firms can similarly trade across…

Nodal Exchange CEO Paul Cusenza Discusses The Grid and How Power Trading is Changing Environmental/Energy,Interview,Regulation,Video

Paul Cusenza

Nodal Exchange CEO Paul Cusenza spoke with JLN Editor-in-Chief Jim Kharouf about how the power markets are changing, the impact of Dodd-Frank on the industry and the growth potential for Nodal Exchange and the power markets. Nodal Exchange is the first commodities exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American power markets. About Nodal Exchange Nodal Exchange was founded in 2007 and is headquartered in Vienna, Virginia. The exchange is the first commodities exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North…