CME Group has appointed new heads to the EBS, BrokerTec and Optimisation business lines as part of its ongoing integration with NEX Group, which the exchange acquired last year. Jeff Ward has been named global head of EBS, having formerly served as global head of NDFs and forwards and head of EBS Asia, based in […]
DTCC-Euroclear Global Collateral, a joint venture of Euroclear and The Depository Trust & Clearing Corporation, and NEX, have announced a new partnership to streamline and improve OTC derivatives margin call processes.
As a new member of the Global Collateral Partner Program, NEX is currently working to link its TriResolve Margin Web-based collateral management solution with Global Collateral’s Margin Transit Utility to provide mutual clients with a centralised view across margin call operations. The connected service will also help users to meet regulatory compliance objectives around the margining of uncleared OTC derivatives transactions.