Our consultancy service is covering all your Exchange / OTC
trading and financial clearing related topics.
No matter what. Just ask us for advice.
Clearing Management
Margins and collaterals (both LoC’s and cash) have to be used in a optimized way. A regular review of the clearing portfolios by one of our analysts will immediately tell you the optimization potential in your trading positions. Close out, netting, portfolio reconciliations, cross commodity effects are just a few terms within the wide range of specialism that we offer you to gain optimum results.
Selection of Clearing Broker
You decide to go for a high level of security and want to have your positions protected by clearing. But who is the most interesting clearing broker that will fit your service needs at a decent price?
CMeXs saves you money and time by supporting you in the complicated selection process of finding the right clearing partner. A partner that will help you to mitigate operational burden by delivering exactly what you need at the most attractive price. Eventual combined with financial structures to support your cash position and allowing you a full focus on your core activities.
Select the right Trading Facility: OTC or Exchange
How to select the right and most cost effective trading channel? Would you be better positioned by trading bilateral, using OTC brokerage or is exchange trading the best solution for you. We will help you in making this decision. Based on your specific situation we will support you in developing a transparent overview of options that will be aligned with your strategy but also look at the main requirements on the short term.
CMeXs is experienced in matching your unique situation (defined by envisaged trading activity, financial provisions, risk strategy etc.) to the market characteristics, regulations but also commodity related specifics.
Exchange application process and setup
Each exchange is having a different application process. Instead of being swamped in intransparant administrative burdens CMeXs is guiding you fast and smoothly through the whole application process. We tell you exactly what kind of documentation is needed, where and who to sign, how to provide the required guarantees and which kind of obligations you need to comply with.
Also the technical side of connecting trading screens and interfaces can be coordinated by our seasoned experts.
Default Management
In case a CCP is going into a close out process, following the default of a member, it is key for a trading organisation to respond fast and efficiently. Such situations bring opportunities to gain positions at significantly discounted prices and contribute to an increase of the trading department performance. CMeXs has the knowledge and experience to support you in setting up an efficient process that enables fast alignments between the involved stakeholders, like traders, risk teams and external counterparties. Important is to support your traders with information on pricing levels, how to get the permissions of increasing positions etc. We create a clear and transpart process with definition of the required steps and stakeholders.
Independent validations for CCP’s
A change in methodologies, risk approaches, operational setup or processes requires an independent review and validation of the impact, risks and results. The CMeXs experts have a broad level of experiences covering a wide angle of topics. They will give you an independent and objective feedback that will help you manage the implementation, understand the impact and allow you to smoothen the transitions.
Processing your transactions
Trading is quite easy by a simple button click in a trading screen but it is also required to ensure a correct and efficient administration. Will you be working with simple deal ticket lists or do you move to a more sophisticated automation level by means of market leading trade capture systems. Is there the need to do a full reconciliation of transactions and positions? What kind of features are required to meet the business requirements?
CMeXs is there to stand by your side in implementing processes according to leading market standards and fitting your business needs. We guide you in applying simple and practical methodologies bringing you Operational Excellence.
Margin management
Margin calls can heavily touch your cash liquidity and for that reason it is important to ensure you are providing the right level of guarantees to the clearing bank / CCP. You might want to set up a clear check and govern a clear and accurate control process. You also might want to minimize the margin levels by optimizing your positions across all commodities in your trading portfolio.
CMeXs provides you with an added value by bringing in the experience and knowledge, even for complex portfolios. We support you with the implementation of effective margin calculation methodologies, developing knowledge on Span tools or can even offer you access to more sophisticated margin tools via the CMeXs margin portal.
The CMeXs margin portal connects you to one of the leading margin tools including available features as scenario simulations etc.
Risk & Controls
In a area of complex techniques, rules and new processes it is difficult to ensure that you stay in full control on all activities. We will make sure to guide you to a right set of controls based on a realistic inventory on the risks. Risks are not only related to your core business but might be hidden in internal processes as well. A decent Risk and Control Management is not that difficult as you might think. Especially not when CMeXs is your partner.
Build / Reorganise Operations
The setup of a solid and efficient backoffice operations department with focus on high quality of services, decent operational processes and meeting efficiency goals in line with lean management can be done by our professionals. From process setup, selection of skilled employees and additional training: leave it to our experts with a wide range of expertise and experiences in all kind of organisations (SME to stock market listed companies).
Advisory Board functions
Advisory boards are commonly used to bring in experts to advise a company’s management team in a non-binding manner. In this way, many startups and private companies are able to benefit from our knowledge, without the formality, commitments and legal responsibilities that come with appointing/hiring a director to the board.
With one of the CMeXs professionals in your advisory board you are provided with expertise that is contributing in a constructive, supporting but also critical way on various levels: strategy, company image, business topics, market developments and any other specific difficulties that your company/board might be struggling with.
Our contributions also secures you with access to a massive network accross the trading and clearing industry. This helps you with fast and easy access to various services providers , but also counterparties, exchanges, CCP’s and even regulators.
Want to know more? Please give us a call to discuss your particular situation and needs.
The CMeXs Core Values
CMeXs is a management consultancy known for a non-conventional approach. Nothing is what it seems to be and different ways to look at things are the guarantee for astonishing and profitable results.
At the same time CMeXs is known for factual analyses and inventories that are used for deliberative recommendations and solutions. A practical and efficient approach combined with well prepared implementations is the guarantee for a cost effective spend of investments.
