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SOURCE Green Key Technologies
CHICAGO, May 21, 2014 /PRNewswire/ -- Green Key Technologies, provider of voice software and trade capture solutions for voice brokers, announced today that Ulysses Commodities has selected the Block Pool(SM) for their brokering of CME energy products. The Block Pool(SM) is a white board for voice brokers that offers audit trail creation, risk limit checking and one-click CME clearing integration.
The Block Pool(SM) helps voice brokerage firms who are struggling to comply with CFTC rule 1.35 which mandates brokers keep records and be able to fully reconstruct the events that led to a trade. The platform allows brokers to cross quotes internally and electronically send the details to clearing houses as well as back office and accounting departments.
"One-click clearing integration saves time and reduces errors," Charlie Stenger, Managing Director for Green Key, said. "Brokers are looking for ways to scale their businesses. The Block Pool enables all the compliance boxes to be checked while creating huge efficiencies".
"Green Key is delighted to be partnering with Ulysses Commodities," Anthony Tassone, CEO for Green Key, said. "We are committed to streamlining their compliance needs".
Fully managed and supported, Block Pool(SM) enables brokers and traders to rapidly set up trade capture processes without the need to purchase, setup or maintain hardware solutions. Green Key also offers Soft Turrets(SM), encrypted and recorded VoIP applications that aim to replicate traditional hardware dealer boards.
More information on Block Pool(SM) and Green Key can be found at http://GreenKeyTech.com.
About Green Key Technologies:
Green Key Technologies provides VoIP software, recording, storage and analysis capabilities to the financial markets. In addition, Green Key Technologies provides an internal white board for brokers, designed specifically to facilitate block trading.
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