NEX Markets Revenues Climb 11% on Fixed Income Trading

[kreslik.news]

London-headquartered broker-dealer NEX Group has published the results of the company’s first quarter in a trading update. Data shows that NEX Group’s revenues increased 10 percent on a consistent currency basis for the period between the 1st of April and the 30th of June. The company is well on its way with its NEX Transformation program.

The NEX Markets segment, which includes the company’s foreign exchange electronic communications network (ECN) EBS, registered growth in revenues due to increased bonds trading. The news comes as foreign exchange volatility in the first half of 2017 has been disappointing at best.

Revenues at NEX Markets ... (read more)