Month: February 2025

We are continually enhancing the functionality and performance that EP3 offers exchange operators. In response to customer feedback, EP3 now supports the following:

1. Halt all markets from Admin UI

Exchange Operators can now halt all the markets open on EP3 with a single button click. This gives the exchange operators more control over their markets. For those customers that design and implement their own custom user interfaces and workflows this functionality is also available via an EP3 API endpoint. 

2. Admin UI White Labeling

Exchange Operators can now white label the EP3 Admin UI with their company’s custom logo, color palette, and tag line text. The logo is displayed at the top of the navigation bar and also serves as the favicon for the page.

3. Account Product Level Open Position Limits 

The open position limits for participant accounts can now be set at the Product Level in addition to the Instrument Level. This improves operational efficiency for those Exchange Operators that have large numbers of instruments that are of the same product. The limits can be set manually using the EP3 Admin UI or automated via an API endpoint. 

4. Enhanced Commission Flexibility

Updating EP3’s powerful rule-based commission model, exchange operators can now create a rule to apply a commission only to certain account types or a rule to exclude a commission from applying to certain account types.

5. Various Performance and Reliability Enhancements

The team at Connamara Technologies is always looking to improve the already high performance and reliability of EP3. This includes both pre-trade order entry and the often overlooked post-trade processing. 

1. Improvements in post-trade reporting of trades when customers experience a spike in the number of trades per second.
2. Improved database resilience and data integrity during failover.
3. Increased the performance of the EP3 Order Routing FIX API by removing message logging from the critical path for order entry.
4. Improved the performance of the service that evaluates the outcome of an event contract to determine the winner. 

Learn more about how EP3 can power your exchange

Today, Connamara Technologies announces the release of the new Back Office API for EP3. 

Exchanges that receive or distribute funds need a means to access the records of that activity for downstream workflows for reporting, account reconciliation, or audits. 

These downstream workflows can be implemented using third-party applications or applications built by the exchange operator’s in-house team. 

Because EP3 offers the Back Office API, exchange operators can integrate with third-party accounting systems and create applications and workflows bespoke to fit the specific needs of the back office and accounting teams of the exchange. 

The EP3 Back Office API allows exchange operators to: 

• Get all deposits for an account over a date time range
• Get all withdrawals for an account over a date-time range
• Integrate with third-party accounting systems to create journal entries for account deposits and withdrawals
• Create reports to show:
  • The amount in trading commissions a participant firm earned over a period of time.
  • The amount in trading commissions an exchange clearing member firm earned over a period of time.
  • The amount of exchange fees an exchange earned over a period of time.
  • The amount of clearing fees an EP3 clearing house earned over a period of time.

At Connamara Technologies, we continually strive to improve how our customers interact with the EP3 platform. A key pattern we put in place when we first designed EP3 was to allow our customers to interact with the functionality and data within EP3 via a set of well-defined and easy-to-use APIs. 

Learn more about the EP3 Back Office API.

Every exchange needs its ‘’secret sauce”

At AFM’s Annual Conference in Nairobi on February 13 and 14th, Daniel Davis, Head of Growth at Connamara Technologies, sat down with TV47 Digital to discuss how technology can advance derivatives markets in Africa.  As Daniel noted, Connamara’s EP3 exchange and clearing platform enables emerging exchanges to get to market faster at a fraction of the cost of other solutions. This allows them to dedicate more time to the parts of the business that make them unique and give them a competitive advantage – their secret sauce.

Today, Connamara Technologies announces the release of the new Settlement Price API for EP3. 

Regulated derivatives and other exchanges may be required to set a Daily Settlement Price for each contract, along with a Final Settlement Price when the contract expires. The setting of these prices is crucial as in many cases, it will trigger the transfer of funds between exchange participants. 

While setting a settlement price is ubiquitous, the method used to determine its value can vary significantly between different asset classes and exchanges.

Because EP3 offers the Settlement Price API, exchange customers can implement a bespoke settlement price calculation strategy – tailored to their asset classes and the market they are serving. 

The EP3 Settlement Price API allows EP3 exchange customers to: 

• Access pricing data of assets traded by the exchange on EP3
• Create a custom settlement price calculation and approval workflows
• Set the Daily and Final Settlement Prices for assets traded on their exchange

At Connamara Technologies, we are continually striving to improve how our customers interact with the EP3 platform. A key pattern we put in place when we first designed EP3 was to allow our customers to interact with the functionality and data within EP3 via a set of well-defined and easy-to-use APIs. 

 Learn more about the EP3 Settlement Price API.

Connamara Technologies is delighted to be a new sponsor of Exchange Invest, the go-to source for news and developments in the global exchange business, along with insightful commentary by Patrick Young.

Supporting the free flow of information as always been in our company’s DNA and we look forward to what’s ahead for EI’s expansive suite of newsletters, research, podcasts and interviews.

As a sponsor of EI, we will be joining fellow sponsors Nasdaq, BMLL and Sinara, all of whom make important contributions to the growth and betterment of capital markets around the globe.

Daniel Davis, Head of Growth at  Connamara Technologies, is headed to the 2025 AFM Annual Conference in Nairobi on February 13-14, 2025. Daniel will be speaking on the panel, Technology Innovation in Trading and Clearing, moderated by Hirander Misra, Chairman & CEO, GMEX Group and ZERO13.  He will be joined on the panel by Zach Hodgson & Dewald Marais (Securities & Trading Technology), and Subbiah (Subbu) Rajagopal (Chella Software).