Nex Optimisation launches automated credit-rebalancing tool

Rebalancer, developed in partnership with Citi, enables dynamic allocation of credit across ECNs

Processes flow chart
Dynamic response: rebalancer leverages existing ECN limit capabilities to allocate credit wherever the client trades

Nex Optimisation, a Nex Group business offering a range of cloud-hosted services across the transaction lifecycle, has announced the launch of Rebalancer, an automated credit-rebalancing tool, in partnership with Citi.

Rebalancer, which addresses limit over-allocation by prime brokers, went live across five major electronic communication networks (ECNs) on July 2, with plans for further platforms this year. The new solution enables dynamic allocation of credit across client trading venues, allo