Introducing the EP3® Back Office API

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.

Introducing the EP3® Settlement Price API

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.