NEX Group

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When did NEX Group become inactive and what was the reason?

NEX Group became inactive in November 2018 due to its acquisition by CME Group.

What was NEX Group's previous name?

NEX Group was formerly known as ICAP.

What is NEX Group's primary business activity?

NEX Group operates and provides post-trade risk mitigation and information services, including electronic execution, risk mitigation, messaging, brokerage, and information services for wholesale market participants.

When did NEX Group establish its presence in Israel?

NEX Group has had a presence in Israel since October 2007.

What technologies does the NEX team in Israel develop?

In Israel, the NEX team develops technologies for foreign currency and government bond trading, building on the activities of its Israeli acquisitions.

Which Israeli startup did ICAP (now NEX Group) acquire in 2007?

In October 2007, ICAP acquired the Israeli startup Traiana for $247 million.

What is the function of the Traiana team in Israel?

The Traiana team in Israel operates market infrastructure for post-trade processing and risk management across various asset classes.

What is EBS BrokerTec's role within NEX Group?

EBS BrokerTec develops e-trading technology and provides access to multiple execution options and diverse liquidity.

What was a significant leadership change at ICAP's EBS BrokerTec in 2016?

In July 2016, Gil Mandelzis stepped down from his CEO position at ICAP's EBS BrokerTec.

How many employees does NEX Group have worldwide?

NEX Group has 337 employees worldwide.

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