Nasdaq OMX Unveils Pre-Trade Risk Management Service for Commodities
Nasdaq first launched Genium INET PRM to its Nordic equity derivatives customers earlier this year before a soft launch for commodities two weeks ago. Nasdaq is now taking this moment to announce the solution to the world.
It provides a "complete and continuous overview of trading activities and the controls needed to act immediately," according to the exchange operator. While it was "tailored for general clearing members' needs, the service meets the needs for improving pre-trade protection for any member."
PRM was developed by FTEN, which is a risk management solutions provider that was acquired by Nasdaq in 2010.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Apac buy-side firms embrace AI and automation to bolster the business
How Apac buy-side firms are using AI, APIs and automation to transform investment workflows
TMX to undertake extended trading hours in Canadian equities
Exchange operator looks to keep pace with US markets and potentially undercut Canadian competitors.
Pimco replaces Bloomberg EMS with TS Imagine
Fixed income giant is shrinking its Bloomberg EMS footprint, though not removing it completely, sources say.
24X says requested SIP exemption won’t break the market
In a new letter to the SEC, the startup exchange says data infrastructure that operates like the SIP is available as it looks to launch overnight trading this summer.
What firms get wrong when changing investment operations technology
Without operating redesign, governance, and clear accountability, modernization can amplify risk instead of reducing it, writes Patrick Conroy.
In record year, SS&C changes division name, emphasizes role of AI
Announcing the vendor’s record financial results, CEO and chairman Bill Stone reassured investors that the vendor is not depending too heavily on AI.
Cboe sells to TMX, TT links to NZX, Broadridge and Digital Asset invest in HQLAX, and more
A recap of this week’s major tech and data news in the capital markets.
The road to alpha is paved with hardware
Fully hardware-based systems are the natural evolution of capital markets infrastructure
