About Nexa Technologies
Nexa was founded in 1999 in Irvine, California and launched the first retail, multi-lingual, multi-currency trading application in 2000. In 2001, Nexa entered into a strategic and financial partnership with Penson Financial Services and took over all of Penson's execution services business. Nexa merged internally with Integrated Trading Solutions ("ITS"), Penson's then current trading platform and the Quantitative Execution Group ("QEG"), Penson's high frequency trading group.
Nexa brought the multi-lingual, multi-currency order management system to the table, ITS brought an extremely flexible and scalable FIX and market data infrastructure and QEG brought experience in institutional and low-latency systems. Together with Penson this gave Nexa everything that it needed to become the world-class trading system that it is today.
Shortly after the merger, Nexa launched Meridian, a completely customizable web-based trading solution allowing them to capture extensive business in both the U.S. and Canadian markets.
As Penson began to wind down its business, Nexa was acquired by Fédération des caisses Desjardins du Québec ("Desjardins"). With the stability and backing of a nearly $200 billion company, Nexa has begun our next phase of growth and will soon be launching a number of new and exciting products.