Last week, I had a briefing and demonstration from Loqsea who have a mission to “redefine real-time risk management and automated trading for commodity and derivatives markets,” with its cloud-based platform for commodity trading and risk management. Essentially, Loqsea specializes in real-time risk management using automated trade ingestion, reconciliation, analytics and reports, and covers commodity derivatives primarily. To be fair, its coverage is already pretty good with ICE, CME, COMEX, NYMEX, CBOT and LME for futures and oil swaps and base metals, oil and products, grains and softs and FX market coverage. It offers a risk manager tool and an execution engine that allows auto trading and is working on a price discovery tool for 2025 launch. Its risk manager product integrates into exchanges and brokers – even voice trades – and automatically ingests trades. It also features real-time updating into the dashboards that are all customizable and feature easy drill-down functionality as well. It also features a deal blotter if trades need to get into the platform manually. This sort of tool is good for reconciling trades with exchanges and brokers as well as monitoring position in real-time. For hedge funds and managed accounts, it also features allocation making… continue reading