Matchmakers
Post-trade confirmation in the energy market, once slow and prone to error, is becoming increasingly efficient due to the successful rollout of trade confirmation standards. David Watkins looks at how two of the competing standards have developed
Operating efficiency at energy trading and brokerage firms is becoming more crucial than ever, as increasing market competition leads to ever-tighter profit margins. And quick, accurate straight-through processing (STP) is becoming increasingly important as the volume of energy transactions continues to grow.
Post-trade confirmation and identification of discrepancies directly after execution ensures transactions are processed quickly and efficiently. In this respect, electronic trade
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