nexRates, the latest alternative in Fixed Income Trading Systems, is now live with a new European market making customer on Bloomberg and MTS Cash.
nexRates platform, which integrates Pricing, Trading, Quoting, Risk, and Position Keeping, has landed a new customer and is raising the attention of major European financial institutions. The solution includes a wide set of connectivity modules allowing access to a variety of asset classes, such as EuroGovies, Corporates, Gilts and High Yield bonds.
Michele Comi, CEO of nexRates, says: “We’re proud to have a new customer on board. After 2 years from the venture start, nexRates is proving as a real market alternative and its enhanced interface usability is collecting enthusiastic feedback amongst bond traders. nexRates aims to become the solution of choice for Customers, with its innovative approach and sustainable costreduction, integrating latest technology and market standards, fully supported by a Team that combines variegated knowledge and experience in Fixed Income market.”
Andrea Palermo, nexRates Product Manager, adds: “nexRates platform was redesigned with a leading edge design focusing on an open architecture concept. This has enabled rapid and seamless integration with modern and reliable off-the-shelf business components. In fact, thanks to nexRates configurability, script language and interactive support, with this latest delivery we’ve fine tuned the platform in just a couple of weeks, including a last minute delivery of additional custom trading strategies.”