NEX Group

158 results about this entity

Period: 21 Sep 2004 - 05 Jul 2019

CME to set up European derivatives exchange

CME Group, operator of the world's largest futures exchange, has applied to the Financial Services Authority to establish a European derivatives market based in London.

Plus IT team agree buy-out of trading technology arm; shareholder row intensifies

Plus Markets is to sell its technology platform to Forum Trading, a new company whose founder shareholders consist of Hirander Misra, the former co-founder and COO of Chi-X Europe, Tony Harrop, the chief technology officer of Plus Markets Group, Richard Atkins, formerly head of trading system management & development at the London Stock Exchange and all eight employees of the Plus-TS technology team.

Icap lifts Plus purchase price to £500,000 in an effort to win over shareholders

Icap has moved to appease dissident shareholders looking to derail its acquisition of Plus Stock Exchange by raising the purchase price to £500,000 from £1.

Turmoil at Plus Markets continues as dissident shareholders look to oust executives

Dissident shareholders of Plus Markets Group have tabled a resolution to oust the chairman and chief executive over their proposals to sell the small cap exchange business to Icap for £1.

Plus Markets dismisses rival bid to Icap's £1 takeover of Plus SX

Plus Markets has turned down a rival bid for small cap exchange Plus SX from Gulf Merchant Bank in favour of an agreed £1 cash offer from interdealer broker Icap.

Icap agrees to buy Plus Exchange for £1 cash

Intedealer broker Icap has agreed to acquire loss-making Plus Stock Exchange, the smaller company equity exchange, for £1 in cash.

Icap in talks to buy Plus Markets' exchange business

Icap is in talks with Plus Markets Group to acquire the distressed small cap market's equities exchange business "for a nominal sum".

Icap shakes up electronic trading business

Interdealer broker Icap has restructured its electronic trading operations to separate the reporting lines for the FX and fixed income businesses in a move that has led to the departure of division chief David Rutter.

EBS test trade causes plunge in Swiss franc

A test trade that accidently sneaked into the live market on the EBS trading system was behind a mysterious plunge in the Swiss franc earlier this week, according to a Dow Jones news report.

Icap's fintech incubation vehicle invests in Model Two Zero

Euclid Opportunities, the vehicle set up by interdealer broker Icap last year to provide seed funding to new fintech companies, has invested in London-based post-trade software firm Model Two Zero.

LSE and SGX team on LME bid - Reuters

The London Stock Exchange and Singapore Exchange have teamed up on a joint bid for the London Metals Exchange, according to Reuters.

Icap names Deutsche Bank's Price COO

Interdealer broker Icap has appointed Deutsche Bank veteran Mark Price as group chief operating officer.