The commodity exchanges, like ICE, CME, Nodal, etc., establish different limits for each contract based on the trading volume. Monitoring position limits in real-time presents challenges for most trading firms. Exchange limits are monitored within a “Spot Month”, “Prompt Month”, “Any Month” and “All Months” time frame, with a given exchange publishing trading limits based on the number of contracts/lots. Breaching any one of these limits could result in penalties or sanctions.
Dashboard view and charts provide near real-time view of all limit violations, including:
Users access information via intuitive visualizations via browsers, mobile/tablet, and BI tools. Compliance officers can click on a position and instantly get all the required info to take action.
ePic can serve as a repository for all your position limits exemption requests filed with the exchanges. You can save the exemption request copies in electronic format within ePic for future reference. The app automatically adjusts the position limits based on all approved exemptions and applies the new limits for the duration of the exemption only.
ePic consolidates your data and reports in a secure centralized database, so you can track and communicate position limits violations with real-time accuracy. Built-in intelligent data tagging gives you the ability to drill into the data and get the full story for in-the-moment decision making.