Solutions
The European Energy Exchange (EEX) and EQS Group are partnering to support future participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation (MAR).
As of 3 January, 2018, the provisions of the Market Abuse Regulation (MAR) will also apply to emissions trading. As of this date, trading participants in the CO2 market, as well as auction platforms, auctioneers, and auction monitors, will be obligated to publish insider information and proprietary transactions of management, to track lists of insiders and lists for executives. Within the scope of their cooperation, EEX and EQS offer a
The Cboe Futures Exchange (CFE) has received approval in Hong Kong to allow corporations that are licensed by the Hong Kong Securities and Futures Commission under Part V of the Hong Kong Securities and Futures Ordinance to become CFE Trading Privilege Holders (TPHs).
With this designation, announced at the 3rd annual Cboe Risk Management Conference Asia, currently taking place in Hong Kong, CFE has been authorised to provide automated trading services in Hong Kong. This means that in addition to CFE’s ability to conduct marketing activities in the region, CFE may now allow firms in Hong Kong to become CFE
TORA, a provider of a cloud-based order and execution management system (OEMS), has launched an artificial intelligence (AI)-driven pre-trade transaction cost analysis (TCA) solution designed to help firms meet the stricter best execution requirements imposed by MiFID II.
TORA’s new AI TCA product moves beyond traditional TCA by using AI techniques to accurately estimate price slippage for trades before they enter the market.
Asset managers are increasingly relying on analytics to build more sophisticated, quantitative best execution processes to meet MiFID II’s higher standards and to gain a competitive advantage. Trading desks are also embracing rapid advances in AI
BlockEx, the provider of digital asset exchange platform, has added former JP Morgan executive and hedge fund board member Roger Ohan to its adviser team.
His focus will be to help BlockEx understand how to best position its products for more traditional financial market participants.
Ohan says: “I am impressed by how much the BlockEx team have developed so far, and I am pleased to join to help them roll out their solutions to users across the world.”
BlockEx combines the regulatory framework and governance of traditional finance, with the efficiencies of blockchain. Its Digital Asset Exchange Platform
KOGER, provider of the NTAS platform for fund administration and compliance, is now offering Chinese-language capability for investor statements.
More than 8,000 funds with USD2 trillion in assets are administered through NTAS, used by many of the largest asset managers, fund administrators and financial institutions. With this new product innovation, hedge funds and private equity funds can provide statements to Chinese investors in their native language.
“Today most fund managers have investor bases that span the globe. Our platform makes complex processes easy to manage and increases efficiency for fund administrators, asset managers and financial institutions. We felt it was
Thomson Reuters has expanded its Connected Risk platform to include a Model Risk Management (MRM) solution, allowing institutions to demonstrate a real-time understanding of their model risk landscape, with the ability to report on the model’s governance status, sign-offs and related issues from a single platform source.
Financial modelling plays a critical role in several financial institution activities, including credit underwriting, risk management, capital adequacy and instrument valuation. The MRM solution is designed to provide Risk professionals with a holistic understanding of how each of these models in the business is derived, validated and applied. It features a simple, yet
QuantHouse, an independent provider of end-to-end market data and trading through API based technologies, is now providing access to Sun Trading’s Systematic Internaliser (SI) platform through its QuantFEED and QuantLINK offering.
Sun Trading is a provider of bespoke equity streams under the MiFID I regime, and the organisation anticipates a high demand for their liquidity under MiFID II. Previously, only large tier 1 brokers have had the resources to connect to this liquidity directly. By offering simple connectivity via a single API, QuantHouse’s customers are now able to access Sun Trading’s market data and order entry feeds, and access the
Cappitech Regulation, a RegTech firm specialising in automating regulatory transaction reporting for investment firms, has concluded the integration of its Capptivate platform with AccessFintech’s ecosystem.
AccessFintech users can now incorporate Capptivate’s MiFID II and EMIR reporting, tracing regulatory reporting exceptions in its lifecycle management portal.
Launched earlier this year, Access Fintech links together tools and services from fintech vendors with in-house technology. Through a single integration, Access Fintech enables buy-side investment firms and banks to easily enhance workflow with new providers while compressing the distributed workflow to a single portal for prioritised exception management
Through the Cappitech integration,
PEGAS, the pan-European gas trading platform operated by Powernext, achieved its second best monthly trading volume in November, with 194.5 TWh, up 34 per cent compared to the previous year (November 2016: 144.6 TWh).
It includes a volume record on the futures segment of the Italian PSV market area with 6.3 TWh (previous record: 6.0 TWh in August 2017).
Spot trading volume in November reached 74.3 TWh, up 19 per cent from the previous year (62.3 TWh). Over 22.1 TWh were traded on the Dutch market area TTF, which is 45 per cent higher than November 2016 (15.2 TWh).
The European Energy Exchange (EEX) achieved a total volume of 276.6 TWh on its power derivatives markets in November (November 2016: 423.2 TWh). The November volume comprised 163.8 TWh traded at EEX via Trade Registration with subsequent clearing.
Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).
For the first time, more than 10 TWh were traded in power derivatives for the Central and Eastern European markets, formerly listed at the Prague-based Power Exchange Europe (PXE). Since the migration of the products onto the EEX platform in mid-June, liquidity in these markets has increased
