twitter

Welcome: Guest User

Register / Login

SunGard’s Kiodex expanded market coverage for commodities

New York, 24 September 2009 

SunGard has released additional capabilities for its Kiodex Real Time trade capture, position-keeping, mark-to-market and risk management solution for commodities. The enhancements provide expanded coverage of trading venues to include several new markets under the Chicago Mercantile Exchange ( CME), giving firms the ability to access real-time trade and pricing data on a single platform. 

Formerly IntercontinentalExchange’s ( ICE) ICE Risk system acquired by SunGard in May 2009, Kiodex Real Time captures and values exchange-traded and cleared products across multiple trading venues. Kiodex Real Time now connects to the CME, including the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX) and COMEX, a division of NYMEX. Commodity trading firms trading on these exchanges will be able to use Kiodex Real Time to view accurate information on trades, market data, and profit and loss automatically in real time. The system also analyzes and adjusts price curves, tracks trading limits instantly across exchanges, and helps firms comply with pending regulations around position limits.

Ben Jackson, senior executive vice president of SunGard's Energy and Commodities business unit, said, “The process of capturing trades and updating prices throughout the day can be time-consuming and error prone if done manually, particularly for large or growing trading organizations. Kiodex Real Time automates the capture and updating of positions throughout the day, giving firms an accurate, cross-market view of their positions, price curves, and profit and loss, all in real-time.”

Ends --

Upcoming Events – 2012

CTRM Technical Conference, London

London, 29 May 2012 - 30 May 2012

 

6th Wire and Cable Conference

Vienna, Austria, 11 June 2012 - 13 June 2012

 

20th European Biomass Conference and Exhibition

Milan,, 18 June 2012 - 20 June 2012

 

Subscribe Now

Subscribe to Commodities Now

A subscription to Commodities Now gives you full access to all content on this site together with special reports and supplements as they are published

 

Regulation & Technology Events

CTRM Technical Conference, London

London, 29 May 2012 - 30 May 2012

 

CTRM Technical Conference, Houston

Houston, 11 July 2012 - 12 July 2012

 

Gartner Symposium/ITxpo 2012

Barcelona,, 05 November 2012 - 08 November 2012