Latest NEX Group News: Finextra Research

Barclays leads $14 million funding round in voice trading tech supplier Cloud9

Cloud9, a New York-based supplier of voice trading software, has raised $14 million in a funding round led by Barclays Bank with participation from JPMorgan and NEX Group.

01 August 2018

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NEX Group confirms approach from CME

Icap financial technology spin off NEX Group has confirmed a preliminary takeover approach by Chicago futures exchange CME.

16 March 2018

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Euclid Opportunties takes stake in RSRCHXchange

Euclid Opportunities, the financial technology investment business of NEX Group, has invested in institutional research outfit RSRCHXchange.

23 February 2017

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Icap beefs up regulatory reporting with Abide Financial acquisition

Icap has acquired UK regulatory reporting outfit Abide Financial for an undisclosed sum.

13 October 2016

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JPMorgan leads $30m funding round for Cloud9

JPMorgan Chase, Icap and Barclays are among the big names that have joined a $30 million Series A funding round for cloud-based trading communications provider Cloud9 Technologies.

12 October 2016

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OpenGamma raises $13.3m

OpenGamma has raised $13 million in a funding round led by Accel and Icap. The open source risk management outfit has also promoted COO Peter Rippon to CEO.

05 October 2016

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UBS wins big bank backing for Utility Settlement Coin concept

BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology.

24 August 2016

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Icap to rebrand as financial technology company

Icap is to put its fintech incubator Euclid Opportunites to the forefront as it sells off its brand to Tullett Prebon and refocuses its business under the new name NEX Group.

16 May 2016

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Icap hails blockchain proof-of-concept as post-trade breakthrough

Icap has completed a proof-of-concept test on the use of distributed ledger-based smart contracts on Traiana's Harmony network, declaring that the technology has the potential to "significantly transform post trade operations".

15 March 2016

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Financial industry giants join $50m Digital Asset Holdings funding round

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.

21 January 2016

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Icap takes stake in regulatory reporting firm Abide Financial

Interdealer broker Icap has made a 'transformational' investment in regulatory reporting outfit Abide Financial.

07 September 2015

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Icap invests in portfolio reporting and data analytics firm EFM

Interdealer broker Icap has made a strategic investment in Enso Financial Management (EFM), an early-stage provider of portfolio reporting and data analytics services to hedge funds and asset managers.

20 June 2013

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