Press Announcements – www.griffinmarkets.com

News: Press Announcements

Griffin listed in London Stock Exchange Group’s 1000 Companies to Inspire Britain 2017 report

May 12th, 2017

LSE 1000 Companies to inspire Britain 2017 logo

Griffin has been listed as one of London Stock Exchange Group’s 1000 Companies to Inspire Britain 2017. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses across the UK and includes companies such as Fever Tree Drinks, Pho restaurants, Brewdog plc and Rapha.
To be included in the list, companies needed to show consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.

10th May 2017: Griffin listed in LSE top 1000 companies

 

Griffin top EFETnet efficiency and accuracy tables

November 28th, 2016

Griffin operates the top performing and most efficient post trade confirmation and matching systems according to performance statistics published by EFETnet.
In October this year, Griffin ranked number one across all three service levels by which EFETnet measure broker performance in the eCM confirmation matching process on CMS. Griffin had, according to EFETnet:

  • The highest percentage of trades matched without corrective amendments;
  • The highest percentage of trade confirmations submitted on trade date; and
  • The highest percentage of trades successfully matched within two or fewer days.

EFETnet’s statistics are produced at the end of each month to show the performance of traders and brokers.

Full details can be found in the press release here:

28th November 2016: Griffin top EFETnet efficiency and accuracy tables

 

Instant Messenger Announcement

June 20th, 2016

Griffin will be supporting a number of preferred instant messenger systems following the withdrawal of certain services by Yahoo from 5th August this year.

Yahoo’s decision to withdraw support for its legacy Yahoo Messenger platform in favour of a focus on a web and mobile messaging app means that it will no longer be possible to reliably integrate Yahoo with third party systems to record and process messages.

Full details can be found in the press release here:

20th June 2016: Instant Messenger Announcement

 

REMIT backloading tool

October 19th, 2015

In line with Griffin’s leading position in relation to REMIT reporting, it has developed a tool to assist market participants generate ACER XML and fulfill their backloading obligation.

Further details can be found in the press release here:

19th October 2015: Griffin REMIT backloading tool

 

Griffin successfully submits REMIT file to ACER using EFETnet

June 8th, 2015

LONDON 8th June 2015:

Griffin has successfully sent a REMIT data file to ACER’s ARIS system using EFETnet’s eRR service.
The successful message was sent as EFETnet made eRR available to organised market places in advance of the start of REMIT reporting on 7th October this year.
EFETnet has also emerged as the market’s preferred choice of Registered Reporting Mechanism (RRM) as more than 70% of market participants, who were asked to nominate their choice of RRM as part of Griffin’s REMIT preparations, elected to use EFETnet.

Further detail can be found in the full press release here:

 Griffin successfully submits REMIT file to ACER using EFETnet

EFETnet and major London based Energy Brokers take the lead on REMIT reporting by Organised Market Places (OMPs)

December 8th, 2014

The European Federation of Energy Traders (EFET), through its industry owned company EFETnet and the major London energy brokers have come together to take the lead on the implementation of new European Union regulations that require energy trades, contracts and some orders to be reported to the Agency for the Cooperation of Energy Regulators (ACER).

The vast majority of transactions eligible for reporting under REMIT are executed on Organised Market Places (OMPs) which include exchanges, auction platforms and, most significantly, the energy broker platforms and/or their voice brokering and voice assisted services. The London Energy Brokers account for the lion’s share of the ‘standard’ transactions in which ACER is interested.

To best meet their customers’ needs for REMIT reporting, these major London based brokerages are engaging with potential solution providers, including EFET’s own EFETnet, to implement an open industry standard for regulatory reporting under various regulatory structures, including Dodd-Frank, EMIR and now REMIT. This open standard was created by the European Federation of Energy Traders (EFET) and is known as eRR: electronic Regulatory Reporting.

Further detail can be found in the full press release here:

 EFETnet and major London based Energy Brokers take the lead on REMIT reporting by Organised Market Places (OMPs)

 

Griffin to move to Trayport system

June 5th, 2014

The full press release can be downloaded from here:

 Griffin to move to Trayport system