PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 123.4 TWh in April 2017, fuelled by the spot segment with 63.4 TWh. Spot trading volumes in April reached 63.4 TWh, an increase of 28 per
The European Energy Exchange (EEX) achieved a total volume of 220.7 TWh on its power derivatives markets in April 2017, compared with 416.3 TWh in April 2016. A volume of 0.1 TWh was traded in the new German power futures
Almost a third (30 per cent) of asset managers outside of North America continue to maintain legacy platforms despite the technology’s role in trade delays and errors, according to a TABB Group survey. The research, “The Buy-side Legacy IT Hangover:
Colt PrizmNet, the financial extranet developed by Colt, has continued to grow its footprint in Asia by connecting to Equinix’s International Business Exchange (IBX) data centres in Hong Kong (HK1) and Singapore (SG1). Colt can now interconnect with key FX
FlexTrade Systems, a specialist in multi-asset execution management systems, has opened a representative office in Sydney, Australia. With the proposed increases in superannuation contributions there will be an increase in assets under management (AUM) being handled by money managers and
Colt Technology Services has opened a point of presence (PoP) in Marseille – an increasingly important hub location for carriers and organisations looking for a high bandwidth connectivity gateway connecting Europe with Asia, Africa and the Middle East. With IP
BNY Mellon has migrated its clients’ assets to direct accounts with Monte Titoli, using its connection to TARGET2-Securities (T2S). As a directly connected participant (DCP) to T2S, BNY Mellon will settle transactions in listed securities, such as equities and fixed
TriOptima, an infrastructure service that aims to lower costs and mitigates risk in OTC derivatives markets, has completed the first cleared inflation swap compression run at LCH SwapClear. The compression run was completed on 19 July with Euro cleared inflation
Avelacom, a global connectivity and IT infrastructure provider for the financial services industry, has added Gemini Trust Company, a digital asset exchange and custodian, to its list of cryptocurrency exchange tech vendors in Equinix’s NY5 data centre. The partnership will
Esprow has launched ETP GEMS, a global exchanges and markets simulation platform, to enable market participants to test trading algorithms’ design and functionality, as well as venue connectivity, and to comply with the latest MiFID II requirements. The latest
