NEX Group was an electronic trading and post-trade business acquired by CME Group.
Location
London, Greater London, GB
Founded
1998
NEX Group, formerly known as ICAP, operated electronic markets and post-trade services for financial institutions. Its businesses included the BrokerTec platform for government bond trading and the EBS platform for foreign exchange, alongside risk mitigation and information services.
CME Group completed its acquisition of the company in November 2018 for about $5.5 billion. BrokerTec and EBS were integrated into CME Group, expanding its cash treasury and foreign exchange trading offerings.
NEX Group - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies4
Current Portfolio Count3
Total Portfolio Exits1
Top Investment Stages
Series B2 (50.0%)
Series C1 (25.0%)
Series D1 (25.0%)
Stage Mix
Series B 50%Series C 25%Series D 25%
Concentration shown as share of disclosed investments by stage.