Nex revenues rise in Q1 2018

The firm reports 7% rise in first quarter of fiscal year and confirms CME transaction on track

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Michael Spencer: volatility drove volumes across the EBS and BrokerTec platforms in Q2 2018

Revenues at Nex Group rose 7% in the first quarter of the firm’s fiscal year, the company said in its trading statement on July 11, and it confirmed that CME Group’s bid to acquire the group is on track for completion in the second half of 2018.

The transaction, which was approved unanimously by the boards of directors of both firms at the end of March, is pending regulatory approval.

“We’ve seen a solid start to the year, with episodic volatility driving volumes across the EBS and BrokerTec

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