NEX Group Plc, a UK-based business oriented towards electronic markets and post trade business, has unveiled that it will be relocating its New York and London offices.
At the end of this month, the NEX Group businesses in New York will occupy new offices at 4 Times Square. NEX will occupy 82,400 square feet in new offices, which have been designed with the NEX brand in mind. The office will gather all of NEX’s New York businesses under one roof, providing greater customer proximity.
Considering London, NEX unveiled it is in advanced negotiations with Ashurst to lease 115,000 square feet of office space in the London Fruit and Wool Exchange.
“Like NEX, the London Fruit and Wool Exchange has undergone a transformation since its origins as London’s pre-eminent goods market. NEX is a financial technology business so we are really excited to be moving closer to a technology and commercial hub which aligns more closely with the NEX brand, and which provides the highest quality space for our employees,” said Jenny Knott, Chief Executive Officer of NEX Optimisation.
NEX’s move to the London Fruit and Wool Exchange is expected to take place in early 2019.
“The birth of NEX signals the start of a new brand, a new beginning and a wealth of new opportunities. I am really looking forward to working in our new offices which perfectly capture our new direction. A pure technology solutions based company who stay close to their clients,” said Seth Johnson, Chief Executive Officer of EBS BrokerTec.
About NEX Group
NEX Group, formerly known as ICAP plc, is engaged in electronic trading business, offering a diverse portfolio of products and services in the over-the-counter (OTC) markets.
The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Headquartered in London, NEX employs 1,600 people in offices worldwide.