CBA - Nominate Now

Twitter

Welcome: Guest User

Register / Login

Technology Markets & Commodity News | Technology News, Prices and Trading

23% Growth in Revenue for Brady

London, 9 September 2013

Brady plc, a leading global supplier of trading, risk management and settlement solutions to the metals, recycling, energy and soft commodities sectors, announces its interim results for the six months to 30 June 2013.

Read more: 23% Growth in Revenue for Brady

BKW Energie goes live on second phase of Allegro ETRM

Dallas, 27 August 2013

Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that BKW Energie AG (BKW) completed the second phase of implementation of the Allegro 8 platform. Allegro partnered with Opportune LLP to deploy the solution which will manage BKW’s natural gas, coal and oil trading operations.

Read more: BKW Energie goes live on second phase of Allegro ETRM

Traditum Group Selects OptionsCity Metro for Market Making

Chicago, 22 August 2013

OptionsCity Software, a leading provider of electronic trading solutions, today announced that Traditum Group, a diversified proprietary trading firm specializing in market making, has adopted OptionsCity Metro for its energy, grains, and soft commodities trading operations.

Read more: Traditum Group Selects OptionsCity Metro for Market Making

CME under fire for Brent scheme

Source: Financial Times, 18th August 2013

Data on CME’s Brent contract show volume is concentrated in momentary bursts of trading in contracts for delivery several months in the future

Read the full article on FT.com

Big Data and how to exploit it

London, 13 August 2013

The importance of “big data” is widely recognised in corporate America, but many organisations still do not fully understand how to use it. The evolving role of data in decision-making, an Economist Intelligence Unit report sponsored by CSC and EMC Corporation, reveals that while companies’ use of data is becoming more entrenched, there is a widening gap between their ability to acquire data and their potential to put it to meaningful use.

Read more: Big Data and how to exploit it

Wall St falls out of love with commodities

Source: Financial Times, 4th August 2013

Fact that JPMorgan is considering a sale of its physical portfolio is clearest sign yet that Wall Street’s commodities trading boom has fizzled out.

Blythe Masters was triumphant. The JPMorgan Chase executive had just sealed a deal that would propel her bank to the top of Wall Street’s commodities league table.

JPMorgan paid $1.7bn and assumed $3.3bn in debt to buy the global oil, gas, coal, power and metals businesses of RBS Sempra Commodities, a trading venture. While JPMorgan was strong in commodity derivatives, Sempra was at root a physical house moving molecules through a storage and warehousing network stretching from Baltimore to Singapore.

Read the full article on FT.com

Anheuser-Busch InBev selects Triple Point's Commodity XL

London, 1 August 2013

Triple Point Technology, a leading global provider of on-premise and in-cloud Commodity Management software, announced today that Anheuser-Busch InBev (AB InBev) has licensed Commodity XL. AB InBev is the leading global brewer and one of the world's top five consumer products companies, with operations in 24 countries. AB InBev's portfolio of over 200 beer brands includes Budweiser, Corona, Stella Artois, Beck's, Leffe, Hoegaarden, Skol, Brahma, and Michelob Ultra, among others.

Read more: Anheuser-Busch InBev selects Triple Point's Commodity XL

SunGard named best Market Risk Solution Provider

London, 25 July 2013

SunGard’s Adaptiv solution has been awarded “Best Market Risk Solution Provider” in the 2013 Waters Technology Rankings. The awards, which are voted for by readers of Waters magazine and industry participants, recognize excellence among providers to the financial industry.

Read more: SunGard named best Market Risk Solution Provider

Brady announces a 23% revenue increase H1, 2013

London, 22 July 2013

Brady plc, a leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, is pleased to provide a trading update for the half year to 30 June 2013. Full details of the Group’s financial performance for the period will be provided in the interim results, which are expected to be announced on 9 September 2013.

Read more: Brady announces a 23% revenue increase H1, 2013

Brady facilitates automated trade entry and reconciliation with Nasdaq OMX

London, 17 July 2013

Brady plc, a leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that SKS Kraftsalg AS has selected Brady for trade reconciliation with Nasdaq OMX and automated trade entry from the exchange into its Brady ETRM solution.

Read more: Brady facilitates automated trade entry and reconciliation with Nasdaq OMX