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News Article | May 10, 2017
Site: globenewswire.com

Nasdaq Clearing has updated the figures for calculation of capital requirement towards the exposure on the Financial, Commodities and Seafood markets default fund using the SA-CCR methodology. The CCP capital calculation parameters can be found in the below link or in the attached file. CRD IV CCP notification (hypothetical capital) For further information, please contact Nasdaq Commodities: Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets.  As the creator of the world’s first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaq.com/ambition or www.nasdaqomx.com. Nasdaq Commodities is the brand name for the worldwide suite of commodity related products and services offered by Nasdaq. The Nasdaq Commodities offerings include power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services. Nasdaq Oslo ASA is the commodity derivatives exchange authorized by the Norwegian Ministry of Finance and supervised by the Norwegian Financial Supervisory Authority. All trades with Nasdaq Oslo ASA are subject to clearing with Nasdaq Clearing. Nasdaq Clearing is the trade name of Nasdaq Clearing AB which is authorized and supervised as a multi-asset clearinghouse by the Swedish Financial Supervisory Authority in Sweden as well as authorized to conduct clearing operation in Norway by the Norwegian Ministry of Finance. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The Nasdaq Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.


News Article | June 6, 2017
Site: www.businesswire.com

LONDON & AMSTERDAM--(BUSINESS WIRE)--ABN AMRO Clearing Bank N.V. and Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced ABN AMRO Clearing has contracted to make available the TT trading platform to ABN AMRO Clearing’s customers globally. This agreement furthers the long-standing partnership between Trading Technologies and ABN AMRO Clearing, which is also a distributor of TT’s legacy X_TRADER® platform. In the fourth quarter of 2017, professional traders who obtain software through ABN AMRO Clearing will have access to TT’s fully integrated suite of trading tools, including Autospreader®, charting and analytics, block trading and TT Desktop, TT’s highest-performing user interface for complex workspaces that span across up to 16 monitors. “We are pleased to offer ABN AMRO Clearing customers access to TT’s professional trading tools and enhanced execution services,” said James Fairweather, Global Director of Global Execution Services at ABN AMRO Clearing. “Additionally, TT’s ease of deployment, on-the-go access and global connectivity will deliver great value to our international network of professional traders and derivatives brokers.” Steven Stewart, Managing Director, EMEA Sales for Trading Technologies, commented, “We are excited to bring our latest and best technology to ABN AMRO Clearing customers and provide their users with a robust, streamlined trading experience. Orders entered through TT will execute through our co-located data centers, providing users with extreme low-latency performance, regardless of the trader’s location.” The TT platform delivers unmatched power and speed with secure, go-anywhere market access and trade execution through the software-as-a-service (SaaS) delivery model. Designed specifically for professional trading, TT incorporates a diverse range of customizable tools to accommodate trading styles that range from manual point-and-click trading to automated order entry. ABN AMRO Clearing is one of the world’s leading providers of clearing and financing services for listed derivatives and cash securities, OTC products, warrants, commodities and FX. With 11 offices globally employing more than 800 staff, ABN AMRO Clearing services clients on 160+ exchanges, MTFs, dark pools and FX liquidity centres and consistently ranks as a top 3 clearer in most time zones. We consistently post over 20% market shares of transactions cleared on most relevant derivatives exchanges globally. ABN AMRO Clearing offers an integrated approach to global transaction processing, financial logistics and risk management and processes over 16 million trades per day. ABN AMRO Clearing received the FOW Award as the ‘Proprietary Traders’ Clearing Firm of the Year’ (Dec 2013, 2014, 2015, 2016); the CTA Intelligence Award for FCM – Best Client Service (US, Jan 2015 and Jan 2016), FCM – Innovation (US, Jan 2017), Best FCM – Overall (Europe, Nov 2015) and Best FCM – Client Service (Europe, Nov 2016). We also received the HFM-Week Service Award for Best Prime Broker – Client Service (Europe, Apr 2016). For more information: www.abnamroclearing.com. Trading Technologies (https://www.tradingtechnologies.com, @Trading_Tech) creates professional trading software and solutions for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. TT provides access to the world’s major international exchanges and liquidity platforms via their TT® and X_TRADER® trading platforms.


Grant
Agency: European Commission | Branch: H2020 | Program: CSA | Phase: LCE-14-2014 | Award Amount: 1.87M | Year: 2015

The objective of BIOSURF (BIOmethane as SUstainable and Renewable Fuel) is to increase the production and use of biomethane (from animal waste, other waste materials and sustainable biomass), for grid injection and as transport fuel, by removing non-technical barriers and by paving the way towards a European biomethane market. This objective will be achieved through the following founding pillars: - National biomethane registries - Cooperation among the national biomethane registries - European mass-balancing system for biomethane - Free Market Biomethane Trade - Sustainable raw material supply - Methodology for entitlement to CO2 certificates - Regional specificities - Networking and Cooperation - Transferability of results beyond the projects countries. BIOSURF relates, within the Work Program 2014-2015 on Secure, clean and efficient energy, to the Call COMPETITIVE LOW-CARBON ENERGY, namely the topic LCE 14 2014/2015: Market uptake of existing and emerging sustainable bioenergy. The qualifying ideas of BIOSURF are: To develop a value chain analysis from production to use depending on the territorial, physical and economic features (specified for different areas, i.e., biofuel for transport, electricity generation, heating & cooling); To analyse, compare and promote biomethane registering, labelling, certification and trade practices in Europe, in order to favour cooperation among the different countries and cross border markets on the basis of the partner countries involved; To address traceability, environmental criteria and quality standards, so aiming to reduce GHG emissions and indirect land-use change (ILUC), to preserve biodiversity and to assess the energy and CO2 balance; to identify the most prominent drivers for CO2-emissions along the value chain as an input for future optimization approaches; To exchange information and best practices all along Europe concerning biomethane policy, regulations, support schemes and technical standards.


A system and method are disclosed for continuous intraday final settlement of payment orders among a plurality of participants, each participant having facilities configured to electronically send and receive the payment orders in the form of payment messages. Primary positions, corresponding to balances in a prefunded balance account, are stored. Supplemental positions, corresponding to balances in the prefunded balance account, are stored. Payment messages are received from sending participants. A selected payment message is released, such that the sending participants supplemental position is decreased by the payment amount and the receiving participants supplemental position is increased by the payment amount, if it is determined that: (i) the sending participants supplemental position, after subtraction of the payment amount, is greater than or equal to the predetermined minimum for the sending participants supplemental position, and (ii) the receiving participants supplemental position, after addition of the payment amount, is less than or equal to the predetermined maximum for the receiving participants supplemental position.


Patent
The Clearing | Date: 2013-07-29

A method for processing a trade, the method includes a computer generating a firm trade between two clearing participants. The method further includes transmitting the firm trade enrichment request to the clearing participants, and receiving enriched firm trade in response. The method further includes processing the firm trade as a cleared trade using the received enriched firm trade data. The method further includes submitting the firm trade to a trade reporting repository.


Patent
The Clearing | Date: 2015-07-22

A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiarys account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiarys PIC number. The method also includes the originator communicating a payment instruction to a financial institution of the originator, wherein the payment instruction includes the system routing number beneficiarys payment identification code, the originators financial institution receiving the payment instruction from the originator, wherein if the received PIC matches the originators financial institution internal list of PICs, the originators financial institution performs an on us transaction, and transmitting a payment instruction to an existing payment system in a case where the received PIC does not match originators financial institution internal list of PICs. The method also includes the existing payment system validating the received PIC, wherein if the PIC is invalid, the payment instruction is returned to the originators financial institution, converting the PIC and system routing number to a receiving payment instruction in a case where the PIC is a valid PIC, wherein the receiving payment instruction includes the beneficiarys financial institutions routing number and the beneficiarys account number. The existing payment system transmits the receiving payment instruction to a financial institution of the beneficiary, that financial institution credits the beneficiarys account if no problem exists, and otherwise returns a receiving payment instruction to the existing payment system. Upon receipt of the returned receiving payment instruction, the existing payment system translates the receiving payment instruction into the payment instruction prior to transmitting the payment instruction back to originators financial institution.


Patent
The Clearing | Date: 2014-02-14

A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiarys account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiarys PIC number. The method also includes the originator communicating a payment instruction to a financial institution of the originator, wherein the payment instruction includes the system routing number beneficiarys payment identification code, the originators financial institution receiving the payment instruction from the originator, wherein if the received PIC matches the originators financial institution internal list of PICs, the originators financial institution performs an on us transaction, and transmitting a payment instruction to an existing payment system in a case where the received PIC does not match originators financial institution internal list of PICs. The method also includes the existing payment system validating the received PIC, wherein if the PIC is invalid, the payment instruction is returned to the originators financial institution, converting the PIC and system routing number to a receiving payment instruction in a case where the PIC is a valid PIC, wherein the receiving payment instruction includes the beneficiarys financial institutions routing number and the beneficiarys account number. The existing payment system transmits the receiving payment instruction to a financial institution of the beneficiary, that financial institution credits the beneficiarys account if no problem exists, and otherwise returns a receiving payment instruction to the existing payment system. Upon receipt of the returned receiving payment instruction, the existing payment system translates the receiving payment instruction into the payment instruction prior to transmitting the payment instruction back to originators financial institution.


A method, system, apparatus, and computer program for conducting a real-time payment transaction. The method includes receiving a request for payment from a creditor financial institution (FI), and forwarding it to a debtor (FI). A payment transaction message is received from the debtor financial institution, specifying an amount of payment requested in the request, and is forwarded to the creditor FI such that the amount of payment is credited to an account in real-time. The debtor FI can request a return of the payment, in which case the creditor FI can comply therewith or refuse the return the payment. Also, an unsettled financial position of the debtor FI can be settled where that position does not exceed a combination of a pre-funded balance in a settlement account and a net debit cap value, and multiple settlements can be performed depending on a relationship between the position and combination.


A system and corresponding method are provided. The system includes a plurality of first entities (such as banks), each first entity communicatively connected to at least one distributed traffic agent (DTA), a second entity (such as a central facility) communicatively connected to a DTA, and a communication network communicatively connecting the DTAs. A payload containing a data file (such as electronic check presentment data, electronic payment data, or any other data type) is communicated from one first entity to another through their respective DTAs via the communication network. In addition, a transmittal containing control information corresponding to the payload is communicated from the one first entity to the second entity through their respective DTAs via the communication network.


Patent
The Clearing | Date: 2014-10-14

A method for effecting electronic payment, safeguarding banking and account information, while utilizing existing payment systems. The method comprises generating a system routing number and a payment identification code (PIC) relating to the beneficiarys account information, distributing payment identification codes to the existing payment system and financial institutions owning the account related to the payment identification codes, and the originator receiving a system routing number and the beneficiarys PIC number. The method also includes the originator communicating a payment instruction to a financial institution of the originator, wherein the payment instruction includes the system routing number beneficiarys payment identification code, the originators financial institution receiving the payment instruction from the originator, wherein if the received PIC matches the originators financial institution internal list of PICs, the originators financial institution performs an on us transaction, and transmitting a payment instruction to an existing payment system in a case where the received PIC does not match originators financial institution internal list of PICs. The method also includes the existing payment system validating the received PIC, wherein if the PIC is invalid, the payment instruction is returned to the originators financial institution, converting the PIC and system routing number to a receiving payment instruction in a case where the PIC is a valid PIC, wherein the receiving payment instruction includes the beneficiarys financial institutions routing number and the beneficiarys account number. The existing payment system transmits the receiving payment instruction to a financial institution of the beneficiary, that financial institution credits the beneficiarys account if no problem exists, and otherwise returns a receiving payment instruction to the existing payment system. Upon receipt of the returned receiving payment instruction, the existing payment system translates the receiving payment instruction into the payment instruction prior to transmitting the payment instruction back to originators financial institution.

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