Competition watchdog clears CME's acquisition of NEX Group
31st Oct 2018 08:12
(Sharecast News) - The Competition and Markets Authority has cleared the CME Group's acquisition of NEX Group.
Read moreNEX Group to pay $50m penalty over ISDAfix benchmark
19th Sep 2018 08:38
(Sharecast News) - NEX Group has reached a settlement with the US Commodity Futures Trading Commission (CFTC) as part of an industry-wide investigation into the setting of the US dollar ISDAfix benchmark, it announced on Wednesday.
Read moreWednesday broker round-up
15th Feb 2017 09:21
(ShareCast News) - William Hill: HSBC downgrades to Reduce with a target price of 255p. Smith & Nephew: Berenberg reiterates Hold with a target price of 1275p. JD Wetherspoon: Deutsche Bank reiterates Sell with a target price of 600p. Acacia: Jefferies reiterates Buy with a target price of 575p.
Read moreLondon open: Stocks edge higher ahead of employment data
15th Feb 2017 08:46
(ShareCast News) - London stocks edged higher in early trade, taking their cue from a positive session in the US, where equities were boosted by unexpectedly hawkish comments from Federal Reserve chair Janet Yellen, as investors eyed some key figures on unemployment and wages. At 0825 GMT, the FTSE
Read moreNEX Group posts 11% rise in third-quarter revenue
15th Feb 2017 07:43
(ShareCast News) - FTSE 250 financial broker NEX Group - formerly ICAP - posted a rise in revenue for the third quarter as Donald Trump's US presidential win lifted trading activity, although the company warned it was still too early to assume that a period of subdued market conditions had come to a
Read moreDirector dealings: Spencer splashes £1.9m on NEX as ex-Icap begins next chapter
4th Jan 2017 15:10
(ShareCast News) - Michael Spencer has ploughed £1.9m back into NEX Group, the company formerly known as Icap, as it begins 2017 as an electronic markets and post trade business. Spencer, the former Conservative Party treasurer who was once dubbed the City's richest man, bought £730,753 at a price o
Read moreTP ICAP completes acquisition of hybrid broking business from NEX Group
30th Dec 2016 07:56
(ShareCast News) - TP ICAP, formerly Tullett Prebon, has completed the acquisition of the hybrid voice broking and information business from NEX Group, the new holding company of ICAP Group, for 310.3m shares. The deal also includes NEX's associated technology, broking platforms and some of its join
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