Joint Venture to Launch in Summer 2021 CME Group, an operator of derivatives trading venues, and IHS Markit, an information and analytics vendor, are forming a joint venture of post-trade processing and risk mitigation services that will bring together CME Group’s Traiana, TriOptima, and Reset companies with IHS Markit’s MarkitSERV. Traiana, TriOptima and Reset offer… Read More >>
NEX Optimisation Shakes Up Business, Senior Managers
Post-trade solutions provider NEX Optimisation has just completed a major reorganization of its business operations and senior management to keep up with the evolving challenges and requirements of its client base, officials say. For the restructure, NEX Optimisation has launched what it describes as five new “solutions pillars” that are based upon NEX offerings TriOptima,… Read More >>
Tullett Prebon-ICAP Deal to Impact Post-Trade Services
Interdealer broker ICAP is selling its brokering business and more to Tullett Prebon in an arrangement that both companies say will lead to $91 million in savings and streamlined support for post-trade services, transaction processing and trading data offerings. The move is seen as a response to challenging times for interdealer brokers who face a… Read More >>
