Cleatrade chief baker said the firm is now 95% ready for Mifid II implementation
Commodities exchange Cleartrade said it
plans a major upgrade of its risk and pricing systems early
next year , according of the chief executive.
The firm will in the first quarter 2016
launch a new pre-trade risk tool and a price transparency
system, Richard Baker, chief executive officer of Cleartrade
"Looking to next year we will be making a
number of technology upgrades. Top of our list is a new
pre-trade risk tool which will help clients with factors
including managing intraday risk, creating more granularity and
supporting margin management.
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