Kiodex adds forex capability to energy trading platform

“This release marks a major milestone for Kiodex,” said R Martin Chavez, Kiodex chief executive. “The new modules fulfil our vision when we started the company and complete the platform. With our foreign exchange module, our customers can manage their enterprise risk across multiple asset classes in a single, globally consistent framework.”

Another new feature of the platform means customers can view their physical delivery exposure for physical commodities by aggregating the volumes of physical trades for each date in the future, and show a net mark-to-market for each day.

Energy companies and corporates with significant energy related exposures use Kiodex to design optimal hedging strategies, and to facilitate compliance with mark-to-market accounting standards. Current clients include Virgin Atlantic Airways, Cinergy, Enserco Energy and Union Pacific Railroad.

Although the energy trading sector has suffered a number of setbacks over the past year following Enron’s demise, energy technology companies, such as Kiodex, are noting an upswing in business. Energy companies, in particular, are implementing new technologies to monitor risk exposures to placate nervous shareholders and convince regulators that adequate risk management controls are in place.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here