Historic industry eSM milestone passed

Featured Image

Zürich, November 14, 2019 -  History milestone passed. Last week a number of trading organizations performed electronic settlement for OTC trades at Fidectus AG in Zurich Switzerland. For the first time, leading energy traders logged into their Global Energy Network accounts with real-world invoices and purchase orders to perform settlement with actual counterparties. The first electronic matches and bilateral nettings were produced within minutes. 

 

Participants included Fidectus' Pilot member companies as well as industry members at large. With electronic settlement validated industry members are focused on implementation details. Fidectus wants to thank all the companies who participated in this historic event. 

 

If your organization missed out on this historic event and has an interest in electronic settlement, please be sure to join our next real-world hands on session.

 

1 min read

Proud sponsors of Insider's Guide to Energy Episodes: June 2022

Zürich, 22 June 2022 – This month Chris Sass and Johan Oberg are joined by Assaad Razzouk (CEO of Gurin Energy), Christoph Bornschein (CEO of the...

Read More

Fidectus pays traders for their eCM

Zürich, 21. June 2022 – Fidectus announces their unprecedented eCM get paid program. With more and more pressure on energy trading companies to do...

Read More

1 min read

Proud sponsors of Insider's Guide to Energy Episodes: May 2022

Zürich, 31 May 2022 – This month Chris Sass, Johan Oberg and Marcelo Ortega are joined by Meredith Angwin (author of the book “shorting the grid”),...

Read More