KB TECH, a UK based software development company providing data management products to the trading, pension and financial markets, is pleased to announce that its trading platform, KB Trading Portal will go live at the NOREXECO Exchange on 1st October 2018.

NOREXECO (NXE) is a regulated commodity exchange (MIC: NEXO) offering trading in cash settled financial futures, specializing in the global pulp and paper industry. NXE is based in Kongsvinger, Norway. All transactions executed on NXE are cleared by European Commodity Clearing AG (ECC), Leipzig, Germany.

The KB Trading Portalis part of the KB Portal suite of products utilized within the commodities trading environment all of which benefit from being easy and quick to deploy as clients simply utilize their standard Internet browsers and connections to gain access to the product suite.

Features of the KB Trading Portal™ include:

  • Extremely easy to set up; standard browser and internet connection
  • User designable screen dashboards and notification options
  • Full STP connection to clearing
  • FIX and other distribution methods available
  • Pre trade risk controls including price range, volumes and margin on the fly
  • Full trade status monitoring
  • Full operational surveillance tools
  • Customised historic trade search
  • Exchange, Trader, Risk manager and Broker functionality
  • Futures, options, spreads and strips
  • Full and partial fill order options
  • Request for Quote (RFQ)

Stein Ole Larsen, CEO of NXE comments “We are very pleased to have deployed the KB Trading Portal™ for our members across our markets. Following a competitive review of trading platforms available we are pleased to be working with the KB TECH team. Our investment in the new platform allows our members to benefit from a number of features that enhances operational efficiency, risk control, ease of trading and trading functionality thus supporting our strong client focus and objective of building our market.”

“KB TECH is delighted that NXE has chosen the KB Trading Portal™ which builds on our current range of products already utilized within the financial community and our relationship with commodity exchanges ” comments David Briggs, IT Director and co-founder of KB TECH. “This represents an important element of our strategy in expanding our products within the trading environment and builds on our proven expertise in this area.”

KB Trading Portal™ is targeted at the regulated exchange and general trading environments alike with its functionality easily modified as appropriate for the business requirements of its users.

About KB TECH

KB TECH is a UK based software company providing data management services and products to the trading, pension and financial markets. The Company’s proprietary software delivers a range of modular, connected services providing functions for managing real-time data within and around the trading, price delivery and transactional environments. Client usage examples include: Trading Platform & Integration, Clearing Gateways, Portal for Trade Registration, Portal for Real-time Price Discovery and Analysis, Regulatory Reporting and Market Data Distribution, Market Maker and other Price Injector Services…etc.

For more information visit www.kbtech.co.uk or contact info@kbtech.co.uk

About NXE

NOREXCO, a Norwegian based company established in 2012, is a pulp & paper exchange built on the idea that efficient utilization of products from the forestry value chain benefits both the environment and the economy. The Exchange facilitates complete price transparency and anonymous trading through its clearing partnership with European Commodity Clearing AG leading to mitigation of counterparty risk for all NOREXECO members. NOREXECO is regulated by the Financial Supervisory Authority of Norway.

Contact Name:
Robert Antell
Role:
Executive Chairman
Company:
KB Tech Ltd
Contact Email:
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Contact Phone:
07714719298
Company Website:
https://kbtech.co.uk
More Details:
https://kbtech.co.uk/kb-techs-trading-portal-goes-live-norexeco-exchange/