Leap Reference Data Team Looks to Standardization

Working Groups

SAN DIEGO—The US organization for energy trading entities Leadership for Energy Automated Processing (Leap) has gathered representatives from five companies to find a common set of standards that would help automate processing of commodity transactions.

Last year, Leap set up a reference data group to define what standards the industry should use to identify a commodity, a port, a vessel, a counterparty and so on. "We are addressing our reference data needs by what we need from a transaction

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