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Definition of 'NEX'

NEX is a stock exchange in New York City. It is the second-largest stock exchange in the United States, after the New York Stock Exchange. NEX was founded in 2006 as the New York Mercantile Exchange. In 2010, it merged with the Chicago Mercantile Exchange to form CME Group. NEX is a global marketplace for trading energy, metals, agricultural products, and financial derivatives.

NEX is a member of the Securities and Exchange Commission (SEC) and is regulated by the Commodity Futures Trading Commission (CFTC). NEX is also a member of the International Organization of Securities Commissions (IOSCO).

NEX has a number of advantages over other stock exchanges. For example, NEX is open 24 hours a day, 5 days a week. This allows investors to trade around the clock. NEX also offers a wide variety of products, including stocks, bonds, commodities, and derivatives.

NEX is a popular choice for investors who are looking for a global marketplace for trading a variety of financial products. NEX is also a good choice for investors who want to trade around the clock.

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