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Michael Spencer buys more shares in NEX Group

City veteran's new company is focused on electronic trading, post-trade and fintech

Michael Spencer's new firm is focused on electronic trading, post-trade and fintech
Michael Spencer's new firm is focused on electronic trading, post-trade and fintech Photo: FN Library

Michael Spencer has increased his stake in NEX Group, the electronic trading, post-trade and fintech company created after the sale of Icap's voice-broking business to Tullett Prebon.

Spencer now has an interest in roughly 17% of NEX Group, previously known as Icap, according to a January 4 regulatory filing.

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