About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Demand Derivatives Partners GMEX to Deliver Innovative Futures Exchange and Clearing House

Subscribe to our newsletter

Demand Derivatives, a creator of novel derivative instruments, and GMEX Group, a provider of exchange and post-trade technology solutions, are partnering to produce a US regulated futures exchange, RealDemand Board of Trade (RealBOT), and clearing house, RealDemand Clearing (RealClear). The partnership includes GMEX taking a minority equity stake in Demand Derivatives.

RealBOT and RealClear are due to open in 2019, subject to CFTC and SEC approval, and are designed to eliminate systemic risk, clear almost instantly, significantly reduce transaction costs, lower fees, and provide a new set of risk-mitigation features to market participants. Four novel and proprietary instrument designs, cutting-edge technology, and blockchain clearing are expected to leapfrog existing processes.

The four transformative instruments include: RealLimit Futures, limited-risk futures contracts; RealVol Instruments, realised-volatility futures and futures options; RealDay Options, forward-start daily futures options; and RealGlobe Products, global index products.

GMEX Fusion, which is live in many exchanges across the globe, will power the trading platform and deliver components including the ForumMatch centralised matching engine, exchange administration, market data distribution, a FIX API gateway, risk management, and reporting and position management combined with blockchain technology.

Hirander Misra, chairman of GMEX Technologies and CEO of GMEX Group, says: “We are delighted Demand Derivatives has chosen to partner with GMEX to enable its vision of delivering a new generation of regulated futures exchanges. The company’s derivative instrument designs have the potential to substantially reduce risk and dramatically cut costs for market participants.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Hearing from the Experts: AI Governance Best Practices

The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical and legal use of external information. Robust data governance frameworks provide the guardrails needed...

BLOG

Beyond the Balance Sheet: Operationalising Non-Financial Misconduct under SMCR

The integration of Non-Financial Misconduct (NFM) – encompassing behaviours such as harassment, discrimination, and bullying – into the Senior Managers and Certification Regime (SMCR) marks an important step in UK financial services regulation. A webinar, Managing Non-Financial Misconduct Under SMCR, hosted by A-Team Group, offered senior practitioners insights into operationalising these expectations, covering legal alignment,...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...