Tag: trade processing

trade processing

NEX Optimisation Partners with Baton

NEX Optimisation, NEX Group’s post-trade services unit, has announced that Baton Systems, a high-speed payments infrastructure provider, has joined NEX Infinity as the first third party to provide its services through the platform.
The two businesses say they have been working in partnership alongside an existing but un-named large, multinational bank client of Nex to deliver a new post-trade solution for FX spot transactions delivered through the Infinity platform. The solution combines Nex Optimisation’s existing matching and confirmation services with Baton’s settlement and payments services.