Round Table on IDEM Market Maker Protection Functionality
On March 10th, Orc Software invited all Italian market makers on the Italian Derivatives Market to a round table discussion on the benefits of the new risk protection functionality recently introduced by Borsa Italiana.
Italian financial institutions performing market making on the IDEM were offered a unique opportunity to exchange ideas on the field and gather for an open dialogue on the new functionality with guest speakers from Borsa Italiana.
"The Market Maker Protection functionality is a cutting-edge risk management tool which aims at increasing liquidity in the market by significantly decreasing market makers’ operating risk”, commented Nicolas Bertrand, Head of the IDEM. “We are glad that the market has understood its potential”.
“Risk management has always been a strong point of Orc solutions”, said Pasquale Ricci, Sales Manager of Orc Software Italy. “In our present volatile market, activities performed by market makers to provide liquidity need greater protection, while keeping unaltered high performance levels. The risk protection functionalities implemented by Borsa Italiana together with the advanced trading tools provided by Orc are able to assure the market efficiency and the profitability of market makers’ business.”