ThinkLiquidity Partners With CME to Bolster Transaction Reporting Capabilities

ThinkLiquidity, a Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term technology group specializing in real-time Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and consulting services, has become a registered service provider with CME Group, helping extend transaction reporting capabilities to brokers in Australia, according to a ThinkLiquidity statement.

More specifically, the registration represents a cohesive stroke by ThinkLiquidity to tap into the Australian market, which includes brokers currently licensed under the Australian Securities Investments Commission (ASIC) to the CME Group ASIC licensed Australian Trade Repository (ATR).

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Consequently, the mandate will see the application of all ASIC Derivative Transaction Rules to all reporting parties, namely licensed brokers. The announcement follows on the heels of CME Group’s license reception back in October 2015 and will necessitate the provision of all material information about derivative transactions and positions to a unified licensed derivative trade repository.

The new integration is important for ThinkLiquidity as it offers a fully automated alternative solution for brokers needing to fulfill their reporting requirements and obligations. Ultimately, the measure will also help streamline its ATR offering, whilst reducing costs.

According to Jeff Wilkins, Managing Director for ThinkLiquidity, in a recent statement on the integration: “By integrating with CME Group we immediately add value to our existing client base by reducing costs and resources spent fulfilling transaction reporting requirements. It also adds a compelling new service to our suite, which will in turn drive new business. If you’re a broker operating in Australia you are required to report these trades, we can now take this reporting burden off your shoulders.”

“This was an easy business decision to make. Our business model has always been dedicated to transparency and operating in the best interest of our clients,” added Mr. Wilkins.

“CME Group is pleased to expand the reach of its Australian Trade Repository and work with ThinkLiquidity. Their expertise in regulatory and risk management for the retail broker community in Australia creates a perfect extension to helping with transaction reporting delivered in a seamless and efficient solution,” added Jonathan Thursby, Head of CME Global Repository Service in an accompanying statement.