Financial Technologies (India) (FTIL), a leader in multi-asset and multi-currency trading and settlement solutions, has rolled out five new energy exchange solutions in the power trading arena, Times of India reports. The solutions are PowerARMS, Tradedart, TSO Computation System, Registry and Exchange Customization Services.
Global power exchanges will be able to operate seamlessly across borders through these solutions. Various aspects of power exchanges and their clearing operations, which include order management, matching engine, surveillance and risk management, are covered by these solutions. Indian Energy Exchange, India’s first-ever power exchange, has started using these solutions.
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