Pre-trade risk management
Euronext RiskGuard aims to provide Risk Managers at Clearing Member firms and Trading Member firms with the ability to set pre-trade risk controls in order to manage their customers’ or trading firm’s risk exposure in real-time. This complements the Members’ and Clearing Members’ own pre-trade risk management systems already in place.
Pre-trade risk controls
Pre-trade risk controls as part of the Euronext RiskGuard service are being made available for Euronext Derivatives markets through a FIX 5.0 API and a web-based User Interface (GUI).
Euronext RiskGuard will cover not only MiFID II regulatory requirements but will offer extended risk control and analysis features. It will also be expanded in time to cover all asset classes of Euronext cash and derivatives markets including AtomX, Euronext’s platform for reporting off-orderbook, on-exchange trades.