EBS BrokerTec to be renamed NEX Markets

Source: NEX Group

NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of the global markets, announces today that its EBS BrokerTec business which provides electronic trading technology and services to the foreign exchange (FX) and fixed income markets, will be renamed NEX Markets.

The business is being renamed to further align with NEX. The new brand is effective immediately.

Four business lines were created when NEX was launched on 30 December 2016: NEX Markets, NEX Optimisation, NEX Opportunities and NEX Exchange. EBS BrokerTec previously sat as a sub-brand within the NEX Markets business line. As a result of the rename, NEX will no longer use EBS BrokerTec and the entire business will be known as NEX Markets. The business will retain its current service names for its FX and fixed income platforms; EBS and BrokerTec.

CEO of NEX Markets, Seth Johnson, and his management team remain in place:
Tim Cartledge, Global Head of FX and Head of Product, NEX Markets
Jim Iorio, Global Head of Sales & Head of FX Americas, NEX Markets
Darryl Hooker, Global Head of Metals and Spot & Head of FX EMEA, NEX Markets
Jeff Ward, Global Head of NDFs and Forwards & Head of FX Asia, NEX Markets
Dan Cleaves, Global Head of Fixed Income, NEX Markets
John Edwards, European Head of Fixed Income, NEX Markets
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