A cutting-edge solution to trade simultaneously
Futures & OTF Griffin products
Innovation for agricultural markets :
We innovate and open the 1st market segment dedicated to agricultural commodities in Europe on the Organized Trading Facility (‟OTF”) Griffin Markets Europe in Paris.
This new segment will commence trading on Thursday, 11 March 2021 and be accessed via the technical platform LOG-TRADE designed by LOGAVIV.
Together, they offer a complementary alternative to the community of agricultural industry participants looking to hedge on financial markets. This new platform was created following our initiative in collaboration with GRIFFIN MARKETS, OTF (Organized trading facility/ Organised trading system), and also from a 10-strong agricultural traders working group.
This partnership relies simultaneously on the deep LOGAVIV expertise of technologies deployed on and around agricultural markets as well as the Griffin Markets experience in the successful development of efficient OTC energy markets and benefiting from its AMF approval.
2 MAJOR ACTORS JOINT DEVELOPMENT INITIATIVE :
LOGAVIV, designer and technical provider of the LOG-TRADE platform is recognized for its strong expertise in the development of IT solutions dedicated notably to the diffusion of market information and trading risk management systems. LOGAVIV’s customers include numerous agricultural cooperatives, physical traders, brokers, industrials, and financial institutions.
Griffin, an electronic platform operator, regulated by AMF, supervised by ACPR, and CRE on relevant physical delivery energy markets in France, is today a leading venue on OTC Natural gas and Power markets in Europe.
This partnership relies simultaneously on the deep LOGAVIV expertise of technologies deployed on and around agricultural markets as well as the Griffin Markets experience in the successful development of efficient OTC energy markets and benefiting from its AMF approval to operate such OTC markets since March 2019..
We are proud to having been able to materialize and bring to completion these reflections from market professionals by hatching out the LOG-TRADE alternative from their requirement specifications.
Guillaume PERTRIAUX – Managing Director LOGAVIV
Olivier RAEVEL – Managing Director Europe of GRIFFIN MARKETS
No clearing costs
Material decrease in market fees
HOW IS LOG-TRADE A UNIQUE TECHNICAL PLATFORM TODAY?
- Allowing access to the liquidity from all markets on one screen :
> Regulated markets (Exchanges)
> Griffin OTF
- Providing numerous interactive order types between these different types of venues.
Financial swap contracts with cash settlement based on Euronext Futures contracts settlements :
Choice of counterparts
You select the counterparts you are dealing with as well as the maximum volume per
market participant you want to trade with each.
Types of orders on the plateform :
- Limit – OTF Griffin
- Tracking order* – OTF Griffin
- Dual order** – OTF-Euronext
- Block trade – Hors carnet d’ordres
- EFP – Exchange For Physical, specific
clause for EFP to be included in your
*Tracking order : Sliding order on the OTF Griffin, which ensures you to deal within the range of the Euronext market as it moves in your favour.
**Dual order : OCO Order type (One Cancel the Other), positioned on both Griffin Markets and Euronext. When the order is executed in one
market, it’s removed from the other.
*Settlement of bilateral contracts is carried out by counterparties to the trade. Griffin does not provide access to Euronext data.