Even if it only represents about 8% of our current market cap, the business was still valued at $5.9 billion. CME Group Inc. (NASDAQ: CME) and NEX Group plc (NXG) today announced that they have reached an agreement in which CME Group will acquire NEX … CME acquired BrokerTec, which runs fixed income trading platforms, as part of its purchase of NEX Group in 2018. The transaction is expected to be immediately accretive to adjusted cash earnings per share, with run-rate cost synergies of $200 million annually by the end of 2021, assuming deal completion in 2018. NEX executives touted the blockchain integration as the evolution of the trading sector. CME offers 500 pence in cash and 0.0444 new CME shares for each NEX share, thus valuing each share of NEX at 1,000 pence. CME Group Inc () Q4 2019 Earnings Call Feb 12, 2020, 8:30 a.m. CHICAGO, May 30, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced a number of senior management changes as part of the integration … CME executives also said the company was making progress in its integration plans for London-based NEX Group, which matches buyers and sellers … Improved efficiencies led CME … CME is selling off some NEX assets and streamlining its operations. The Court Meeting and the General Meeting will each be held at the registered office of NEX, at 2 Broadgate, London EC2M 7UR. U.S. exchange operator CME Group has agreed to buy NEX Group for $5.5 billion to create a cross-border powerhouse for investors trading in the multi … CHICAGO and LONDON, Nov. 2, 2018 /PRNewswire/ -- CME Group Inc. (Nasdaq: CME) today announced that it has completed its acquisition of NEX Group … I don’t think that the scope of CME’s business needs to be Exchange services group Aquis Exchange PLC (LON:AQX) today posted its unaudited results for the six months to end-June 2020, with the Group reporting that integration of NEX Exchange, now known as Aquis Stock Exchange (AQSE), into the Group is progressing well. Combining the two companies entails a complex technological integration of NEX's electronic bond and currency trading platform with CME's … CME Group appoints new heads of BrokerTec, EBS and Optimization businesses. CME Group, the world's leading and most diverse derivatives marketplace, today announced a number of senior management changes as part of the integration of the NEX … International derivatives marketplace CME Group Inc (NASDAQ:CME) today announces a set of changes to affect the senior management of its BrokerTec, EBS and Optimization businesses. Also, with the integration of Brokertec into CME following the NEX merger in 2018, the CME will be the only institution in the world with both rates and FX futures and cash side by side, Duffy said. CMEグループは、英国大手の債券・デリバティブブローカーであるNEX Group plc（2 Broadgate, London EC2M 7UR, UK [2] ）【以下、NEXと称す】に対して買収を提案し、合意真近かとされていたが、英国では、企業法に基づき、買収 Fast forward to today, and the project is now $31 million over budget, with little progress to show for it, except for the roar of ex-employees. Integration will take place in two phases with European government bond cash markets and repo migrating in November and U.S. Treasuries and repo in December. This could improve trading technology and streamline access by reducing the number of touchpoints that clients need to … This decision follows an evaluation of our Regulatory Reporting business portfolio following the acquisition of NEX Group in November 2018 which determined it no longer aligns with the strategic direction of CME And, the hype surrounding the project was massive. The acquisition brings together NEX’s electronic FX and fixed income cash execution platforms with CME Group’s derivatives markets. CME employs 2,800 people worldwide, 400 of them in London. The integration is being delayed I look forward to working with Terry, the CME Group Board of Directors and the combined team from both CME and NEX as we shape and grow the company.” As previously announced, today Spencer has joined the CME Group Board of Directors and will remain with the combined company as a Special Adviser, working with key clients, regulators and officials in EMEA and Asia. 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