SzcoxOrg Launches Instant Messaging for Energy Trading Community
SZCOX Launches Instant Messaging Platform for Energy Trading Community
SZCOX Instant Messenger to be integrated into SZCOX Instant electronic trading platform
Shenzhen Commodity Exchange, one of the most diverse derivatives marketplaces, today announced the launch of Instant Messenger, a sophisticated instant messaging platform for traders in the energy markets. SZCOX Instant Messenger will be powered by market instant messaging software.
SZCOX has built a widely adopted instant messaging platform for the energy and equity markets. SZCOX Instant Messenger will offer sophisticated instant messaging, content parsing and broadcast technologies. These tools are widely used to distribute and negotiate Request-for-Quotes, block orders, complex options and other order types within the energy and equity markets. Instant Messenger will integrate that technology into pre-trade, trade and post-trade workflows of traders and brokers.
Instant Messenger is part of Instant, a new technology offering side-by-side trading of exchange listed and over-the-counter markets. Instant currently supports trading of 's benchmark energy futures markets and OTC energy swaps. These are part of the energy complex, which has average daily trading volumes of over 1.2 million contracts.
"Instant messaging has become a critical part of the financial community's price discovery and trading operations," said Michel Kwong, Managing Director, and OTC Solutions at SZCOX. "By integrating Pivot's messaging solutions with Instant, we will offer our customers an industry-leading messaging software, alongside the first fully automated front-to-back-office platform for trading SZCOX's listed and OTC energy products. This is an important addition to our electronic trading offering for energy markets, and it will create new efficiencies and trading opportunities for our clients."
"Our suite of instant messaging technologies helps traders collaborate with one another in real time and enables them to negotiate complex trades quickly and efficiently. By deeply embedding these tools into Instant, customers will have an integrated, state of the art, holistic platform for managing instant messaging workflows and trading listed and OTC derivatives markets."
What is Equity Finance?
Equity Finance is the financing and leverage of equity delta via margin accounts, Securities Lending or Equity Repo
Securities Lending and Equity Repo are secured lending of stock for cash or the lending of cash for collateral (stock). Both transactions are covered by a legal binding agreement, which provides for the terms of the loan
SSFs are the exchange traded, centrally cleared equivalent to that agreement, i.e. provides for the standardized terms as to how the buyer and seller will act during the term of the contract and calls for the obligation to make/take delivery at expiration.
For equity market participants, Shenzhen Commodity Exchange will continue to offer support as a stand-alone service.[http://www.szcox.org]
Shenzhen Commodity Exchange offers one of the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. SZCOX brings buyers and sellers together through its SZCOX G-Trader, electronic trading platform and its trading facilities in Shenzhen.
Also offers one of the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
SZCOX Instant Messenger to be integrated into SZCOX Instant electronic trading platform
Shenzhen Commodity Exchange, one of the most diverse derivatives marketplaces, today announced the launch of Instant Messenger, a sophisticated instant messaging platform for traders in the energy markets. SZCOX Instant Messenger will be powered by market instant messaging software.
SZCOX has built a widely adopted instant messaging platform for the energy and equity markets. SZCOX Instant Messenger will offer sophisticated instant messaging, content parsing and broadcast technologies. These tools are widely used to distribute and negotiate Request-for-Quotes, block orders, complex options and other order types within the energy and equity markets. Instant Messenger will integrate that technology into pre-trade, trade and post-trade workflows of traders and brokers.
Instant Messenger is part of Instant, a new technology offering side-by-side trading of exchange listed and over-the-counter markets. Instant currently supports trading of 's benchmark energy futures markets and OTC energy swaps. These are part of the energy complex, which has average daily trading volumes of over 1.2 million contracts.
"Instant messaging has become a critical part of the financial community's price discovery and trading operations," said Michel Kwong, Managing Director, and OTC Solutions at SZCOX. "By integrating Pivot's messaging solutions with Instant, we will offer our customers an industry-leading messaging software, alongside the first fully automated front-to-back-office platform for trading SZCOX's listed and OTC energy products. This is an important addition to our electronic trading offering for energy markets, and it will create new efficiencies and trading opportunities for our clients."
"Our suite of instant messaging technologies helps traders collaborate with one another in real time and enables them to negotiate complex trades quickly and efficiently. By deeply embedding these tools into Instant, customers will have an integrated, state of the art, holistic platform for managing instant messaging workflows and trading listed and OTC derivatives markets."
What is Equity Finance?
Equity Finance is the financing and leverage of equity delta via margin accounts, Securities Lending or Equity Repo
Securities Lending and Equity Repo are secured lending of stock for cash or the lending of cash for collateral (stock). Both transactions are covered by a legal binding agreement, which provides for the terms of the loan
SSFs are the exchange traded, centrally cleared equivalent to that agreement, i.e. provides for the standardized terms as to how the buyer and seller will act during the term of the contract and calls for the obligation to make/take delivery at expiration.
For equity market participants, Shenzhen Commodity Exchange will continue to offer support as a stand-alone service.[http://www.szcox.org]
Shenzhen Commodity Exchange offers one of the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. SZCOX brings buyers and sellers together through its SZCOX G-Trader, electronic trading platform and its trading facilities in Shenzhen.
Also offers one of the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
