AEGIS Markets Achieves Record-Breaking 2Q Trading Activity and is Awarded for Innovation in Commodities Markets
July 25 2024 - 10:02AM
Business Wire
AEGIS SEF, LLC (“AEGIS Markets”), a CFTC-regulated subsidiary of
AEGIS Hedging Solutions (“AEGIS”) and bilateral marketplace for
commodity hedging, today provided multiple updates on its financial
counterparty (“Dealer”) participation, record 2Q 2024 trading
activity, and external market recognition.
AEGIS Markets ended 2Q24 with 30 participating Dealers,
including the addition of 2 significant new counterparties during
the quarter. Record liquidity, combined with increased volume from
Commercial End Users, fueled another quarter of growth. In 2Q24,
volume rose by over 20%, and trade count increased by more than 50%
compared to the prior year’s quarter.
“We appreciate all of our Dealers on AEGIS Markets. The two most
recent Dealers who have come online bring additional liquidity for
our Commercial End Users,” said Chris Payne, President of AEGIS
Markets. “We also saw a significant increase in Commercial End User
activity available for our Dealers during the quarter. Together,
increased liquidity and increased activity hit two of the critical
metrics we watch closely to ensure we’re improving hedging markets
for all participants.”
During the quarter, AEGIS Markets was recognized as the OTC
Trading Platform of the Year by Energy Risk during the quarter.
This award recognizes excellence and innovation in risk management
across the commodities complex and all OTC derivatives platforms.
“AEGIS Markets fills a critical role in commodity markets by
enabling rapid price discovery, efficient execution, and insightful
analytics – all capabilities unique to AEGIS Markets and not
possible using traditional hedge execution methods. This award is
meaningful, independent recognition of the value we are bringing
across these areas,” said Payne.
For more information on becoming a Dealer, Participant, or
Commercial End User, please visit www.aegis-markets.com.
About AEGIS Markets
AEGIS SEF, LLC (“AEGIS”) dba AEGIS Markets, a wholly owned
subsidiary of AEGIS Hedging Solutions, LLC, is registered as a Swap
Execution Facility (“SEF”) under the authority of the Commodity
Futures Trading Commission (“CFTC”) pursuant to Section 5h (7
U.S.C. 5h) of the Commodity Exchange Act (“CEA”) and Part 37 (17
C.F.R. Part 37) of the CFTC Regulations thereunder. This press
release is not required to be, and has not been, filed with the
CFTC. The CFTC does not pass upon the adequacy or accuracy of this
swap execution facility’s disclosure. Consequently, the CFTC has
not reviewed or approved this material. AEGIS Markets operates
markets for commodities and other instruments. For more
information, please visit www.aegis-markets.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240725630986/en/
Lauren Trice 346-277-0971 ltrice@aegis-hedging.com