MEX Exchange

Matched by MEX ECN. Serviced by MEX PB. Connected by MEX Technologies.

Three pillars, one member relationship, one settlement. The front end runs alongside existing pricing screens, with no platform cost to connect and no obligation to route. Members trade only when the aggregated price beats what they already see.

Diagram showing MEX Exchange connected to MEX ECN, MEX PB and MEX Technologies
The flow

From liquidity to book to credit to settlement

1

Aggregated liquidity

Tier-1 banks, Tier-2 banks, non-bank providers and external ECNs stream competing prices into one book.

2

Firm matching

Orders match on strict price and time priority. Resting orders are firm, with no last look.

3

Credit & controls

MEX PB provides the counterparty, a single net-open-position line and pre- and post-trade controls.

4

One settlement

One settlement, through MEX PB, physical and net.

What changes for each role

One ecosystem, read four ways

Dealing desk

Best price first, with no last look on resting orders, and the option to leave and work orders rather than accept a single feed.

Credit officer

One counterparty and a single net-open-position line in place of many bilateral lines, with pre- and post-trade controls.

Operations

One consolidated settlement in place of multiple bilateral flows, with no bilateral settlement lines to build.

Technology

One FIX connection alongside existing screens, with no infrastructure change on your side.

No obligation to route

Route only when the price improves

The connection runs alongside your existing screens. Route to MEX Exchange only when the aggregated price improves on your existing quote. Nothing about the model requires you to move all flow at once.

ROADMAP

AI-assisted matching, routing and liquidity selection are on the roadmap and are not presented as live capabilities.

Execution snapshot

  • Best bid1.0842firm
  • Best offer1.0843firm
  • Prioritypricethen time
Sub-400nsMatch latency
NoLast look (resting)
Abstract topographic contour-line background

Ready to see the pillars in detail?

Each pillar page presents the proposed content, sections and interface elements.