NEX : commits to the FX Global Code and introduces a public register

London, New York - NEX (NXG.L), a financial technology company at the centre of global markets, announces today it has signed a Statement of Commitment to adopt the principles of the FX Global Code (the 'Code') across its EBS FX trading platforms and NEX Optimisation services. NEX announced the signing of the Statement of Commitment and introduced a new NEX public register at the Global Foreign Exchange Committee meeting held at the NEX offices in London on 14 November 2017.

The purpose of the register is to raise awareness of those that have signed their Statement of Commitment to the Code. All 45 representatives from the Market Participants Group ('MPG') signed a Statement of Intent once the Code was released and NEX will publish on its public register the signed Statements of Commitment of any interested institutions.

Seth Johnson, CEO of NEX Markets, said: 'The Code has already had a significant impact on the FX industry, with market participants quickly demonstrating support for its guidelines. As a leading electronic marketplace for the FX trading community, we take seriously our role in adhering to the principles built into the Code and hope that the NEX public register will generate further recognition of the support coming from the market.'

NEX played an active role in the development of the Code, which adopts a principles-based approach intended to strengthen standards in the FX markets. It is designed to provide a common set of guidelines covering all market participants and to promote the integrity and effective functioning of the wholesale FX market. Darryl Hooker, Global Head of Spot and Metals and Head of FX EMEA for NEX Markets, represented NEX on the MPG helping to develop the Code. NEX Markets' management team were also closely engaged in assisting in the feedback and review process on the various FX committees on which they sit.

To view the public register and NEX's Statement of Commitment, please click here.

NEX Markets helps customers access liquidity and execute efficiently. We operate at the heart of the foreign exchange and fixed income global markets providing electronic trading technology and services. We offer access to multiple execution options, valuable liquidity from diverse sources and help execute transactions efficiently. Our financial technology, platforms and products are continuously evolving to meet the needs of a globally diverse community of professional traders who depend upon our services. For more information, go to www.nexmarkets.com

NEX Optimisation Leading the transformation of market structure, NEX Optimisation offers a portfolio of cloud-hosted services across the transaction lifecycle. Ranging from pre-execution credit checking to multilateral portfolio compression, our purpose is to simplify our clients' workflow and help them optimise their resources. We are an integrated team of financial markets and pioneering financial technology specialists who operate in all asset classes, geographies and business sectors across the financial markets.

We are dedicated to mitigating risk, increasing efficiency, reducing costs and streamlining increasingly complex processes for our clients. We offer the opportunity to optimise both regulatory and financial resources. Find out more here.

NEX offers customers better ways to execute trades and manage risk. Our products and services underpin the entire trade lifecycle pre-, during and post-execution. Our electronic trading platforms are industry standards. Customers use our lifecycle management and information services to optimise portfolios, control risk and reduce costs. We partner with emerging technology companies to bring greater efficiency, transparency and scale to the world's capital markets. NEX is headquartered in London with offices worldwide. For more information, go to www.nex.com