VIA PR Newswire

New York, Austin, Mar. 18, 2026 – Connamara Technologies, a leading provider of custom software solutions by capital markets experts, is pleased to announce engaging Exactpro, an independent software testing and development services specialist, for third-party testing of its EP3^® platform.

EP3 is a high-performance exchange and clearinghouse platform that currently powers thirteen exchanges and three clearinghouses worldwide, supporting trading across traditional and emerging asset classes. A fully-integrated end-to-end platform, EP3 offers a 24/7 operation capability and extensible customisation options to serve a wide range of new and existing fintech use cases.

By introducing an independent testing partner, Connamara aims to further strengthen EP3’s robustness, scalability, and operational resilience, ensuring the platform meets the stringent demands of modern exchanges, clearing venues and alternative trading systems. The engagement also aims to help the Texas-based, global technology operator define a baseline for the next stage of evolution of its core platform and obtain a consolidated and easily executable test library.

The engagement will see Exactpro deliver an independent testing programme covering functional and non-functional testing of the core EP3 platform across services, components, and integrations. Leveraging two decades of experience in the industry, testing high-throughput, low-latency trading systems, the Exactpro team is tasked with exercising EP3 under a set of performance scenarios and associated metrics that Connamara can benchmark against for business and regulatory compliance purposes. 

James Downs, Co-Founder and CEO of Connamara, commented: ‘Engaging an experienced independent specialist like Exactpro reinforces our commitment to delivering reliable and production-ready exchange technology to more industry participants and jurisdictions. As EP3 continues to expand to new markets and asset classes, rigorous third-party testing provides additional assurance to our clients and stakeholders.’

Thomas H. Toller, Managing Director, Exactpro US, added: ‘Matching engines and other market infrastructure platforms require stability, scalability and reliability to support trading and post-trade functions as market volumes grow. We are pleased to provide the team at Connamara Technologies with independent testing services to help support the next stage of the EP3 evolution. Exactpro will apply its risk-based testing methodology and AI-enabled automation frameworks to simulate realistic market conditions, stress scenarios and peak trading volumes. We will work hard to provide the information Connamara Technologies needs to evolve the platform further and serve more use cases and markets.’

About Connamara Technologies

Connamara Technologies is the company enabling the most exciting and innovative markets in the world. Its flagship product, EP3®, is a new breed of marketplace technology that seamlessly integrates all key exchange, clearing, and market surveillance functions into a single, robust platform. It is adaptable, scalable, and quick-to-market. Engineered for the evolving needs of the next generation of trading venues, EP3 is shaping the future of financial markets.

To learn more, please visit www.connamara.tech or connect on LinkedIn

About Exactpro

Exactpro is an independent provider of AI-enabled software testing as well as development, consulting and training services for financial organisations. Exactpro’s client network spans exchanges and exchange groups, post-trade platform operators, banks and technology vendors across 25 countries. Using deep domain and technology expertise, the Exactpro team helps some of the leading financial infrastructures globally to decrease time to market, maintain regulatory compliance, improve scalability, latency and operational resiliency. Learn more at exactpro.com or reach out to us via [email protected].

Contact
Daniel Davis, Chief Revenue Officer
[email protected]

London – 05 March 2026: Almost 50% of traditional derivatives exchanges are considering launching prediction contracts, a study from Acuiti has found. READ THE FULL STUDY HERE.

The Race to Build Prediction Markets, published today, surveyed senior executives at traditional and crypto exchanges, as well as betting companies, on their plans to develop prediction markets and approaches to the technology investment required to launch. 

The report finds that the number of venues offering prediction markets is set to grow significantly across the globe as firms look to develop event contracts. The range of contracts is also set to grow as venues develop locally referenced contracts. 

However, while the budding market in the US today covers a broad range of underlyings from sports to politics, traditional exchanges say they will focus on financial contracts when they launch. 

The paper, conducted in partnership with Connamara Technologies, also explores how exchanges and other venues are planning to build the technology required to offer prediction markets. 57% of venues plan a hybrid build strategy, combining in-house development with third-party technology. Time to market was the most important factor when evaluating external technology providers, reflecting the expectation of increasing competition in the sector. 

Venues cited they would typically seek a third-party provider due to the complexity of building event contracts versus traditional instruments. 62% of respondents noted market design complexity, particularly the distinction between continuous versus event-based trading, as the leading technological challenge.

The research underscores the difficulty of adapting legacy exchange infrastructure to event-based contracts, particularly around market data, post-trade settlement, and integration with existing systems.

The key findings of the report include: 

• 51% of all firms surveyed, including 47% of traditional exchanges, are either considering launching prediction markets or are committed to doing so
• Finance-related events are the top target category for new launches, cited by 86% of respondents
• 57% of respondents say they will use a mix of in-house and third-party tech to build their prediction markets offering

• Time to market is the most important consideration for firms considering outsourced exchange and clearing technology to develop prediction markets

• Several challenges remain unresolved for exchanges and brokers entering the market, particularly in market data

“A central theme of the whitepaper is the technology challenge of launching prediction markets quickly while ensuring resilience, compliance and scalability,” said Ross Lancaster, head of research at Acuiti. 

“Our research suggests that there will be a significant number of venues launching prediction markets globally over the coming years. The ones that succeed will be those that can come to market quickly with robust, institutional grade technology.” 

“Acuiti’s research confirms the flexibility and competitiveness that is needed when building markets. As the leading technology provider to the world’s most exciting markets, we are committed to delivering the infrastructure innovators need to launch new venues and operate with confidence,” said Daniel Davis, Chief Revenue Officer of Connamara Technologies.

Download the full report here: https://www.acuiti.io/insights/ 

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About Acuiti

Acuiti is a management intelligence platform designed to provide Senior Industry Professionals in the Derivatives Industry with high-value insight into industry-wide performance and business operations. Acuiti provides a platform through which our exclusive network of Senior Industry Executives can share and source information on day-to-day operational challenges, providing them and their management teams with increased transparency and in-depth analysis to make more informed decisions and benchmark company performance. Financial Institutions benefiting from our services include Banks, Non-bank FCMs, Brokers, Proprietary Trading Firms, Hedge Funds and Asset Managers.

For more information, contact:

For Acuiti: 

Will Mitting

Tel.: +44 (0) 203 998 9190

Email: [email protected] 

About Connamara Technologies

Connamara Technologies is the company enabling the most exciting and innovative markets in the world. Its flagship product, EP3®, is a new breed of marketplace technology that seamlessly integrates all key exchange, clearing, and market surveillance functions into a single, robust platform. It is adaptable, scalable, and quick-to-market. Engineered for the evolving needs of the next generation of trading venues, EP3 is shaping the future of financial markets.

To learn more, please visit www.connamara.tech or connect on LinkedIn

Contact
Daniel Davis, Chief Revenue Officer
[email protected]

via PR Newswire

AUSTIN, TX – Connamara Technologies, the leading provider of fully-integrated exchange and clearinghouse technology, is pleased to announce that its EP3 platform has been selected by ElectronX to enable the first U.S.-regulated, direct-access electricity derivatives market.

EP3’s end-to-end, fully integrated platform provides ElectronX with all required exchange and clearing functionality, including transaction and risk management, settlement bank integrations, and collateral management.  

Upon exchange launch later this year, ElectronX will offer small-sized, fully collateralized, and centrally cleared derivatives contracts for power market participants of all types to more precisely hedge intraday price risk. ElectronX was granted status as both a Designated Contract Market (DCM) and Designated Clearing Organization (DCO) by the U.S. Commodity Futures Trading Commission (CFTC) in late August. 

“Connamara’s proven EP3 matching engine technology is an ideal backbone for ElectronX’s purpose-built APIs, user interfaces, and onboarding stack designed to accommodate a variety of trading participant types. Throughout the regulatory approvals process, the Connamara team worked closely with our own to meet the high standards required of CFTC marketplaces while also prioritizing platform innovations, and we look forward to building on our solid partnership going forward.” – Sam Tegel, CEO, ElectronX.

Coupled with its leading reliability, performance, and security, Connamara’s EP3 functionality enables real-time tracking, reconciliation, and reporting of funds and exchange fees, providing participants and regulators with groundbreaking transparency. 

EP3 is the number one enabling technology for recently approved U.S. DCMs and DCOs, including ForecastEx predictions exchange and clearinghouse, Railbird predictions exchange, and ElectronX energy derivatives exchange and clearinghouse.

“Sam has pulled together a very professional and highly qualified team as evidenced by their relatively rapid DCM and DCO approvals. It has been an honor to work with this team and we look forward to watching their success.” – Jim Downs, Co-Founder and CEO, Connamara Technologies.

Based in Chicago, ElectronX’s market is built to address rising short-term volatility in U.S. electricity prices driven by unprecedented demand for power. 

ElectronX’s first products will include bounded futures and binary options for the Electric Reliability Council of Texas (ERCOT) market, followed by contract suites for additional U.S. grid operators in 2026.

About Connamara Technologies

Connamara Technologies is the leading provider of fully-integrated exchange and clearing infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3^® platform is a new breed of exchange technology that seamlessly integrates all key functions into a single, robust platform. It is adaptable, scalable, and quick-to-market. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3 is shaping the future of financial markets.

To learn more, please visit www.connamara.tech or connect on LinkedIn

About ElectronX

ElectronX (EXI) is a U.S.-regulated energy exchange created to address volatile short-term price exposure to electricity. With locations in Chicago and New York City, ElectronX is helping to expand the nation’s power grid by building the financial infrastructure and risk management tools necessary to support increased investment in energy generation, renewable resources, and battery storage technology. For more information, please visit electronx.com

For media inquiries, please contact:

Contact
Daniel Davis, Head of Growth
[email protected]

ElectronX
[email protected]

September 29, 2025

Maureen Downs was named a Finalist for the U.S. Women in Finance Awards hosted by Markets Media. The eleventh-annual iteration of MMG’s flagship Women in Finance Awards program was held Tuesday, November 11 at The Plaza in New York City.

2025 U.S. Women in Finance Awards: The Finalists

EP3^® Update Highlights July – August, 2025: 

We are continually enhancing the functionality and performance that EP3 offers Exchange Operators. A nice performance increase was obtained when we rearchitected, where Pre-Trade Risk on inbound orders is checked. We also expanded the granularity at which commissions can be charged, and improved EP3 operational observability. 

Pre-Trade Risk has been moved to the matching engine

The Pre-Trade Risk (PTR) service was re-architected to run alongside the matching engine. This change allows customers to perform the EP3 Pre-Trade Risk checks on incoming orders without incurring any performance penalty. 

Expanded the Number of Available Commission Tiers

EP3 customers who utilize the EP3 commission functionality now have nine separate tiers available to them. This gives EP3 customers the ability to design multiple commission levels to match their individual business use cases. 

Grafana Dashboard Updates

EP3 now supports the latest versions of Grafana and Prometheus. This upgrade allows enhanced observability into EP3 for exchange operators. 

Learn more about how EP3 can power your exchange

It seems that everyone is clamoring for round-the-clock trading. And a growing number of exchanges claim to offer 24x7x365 availability. But most of these exchanges actually offer 23×7 or 23.5×7 trading with the missing time used for system resets, upgrades, or maintenance.

EP3 is proud to announce that it now offers true 24×7 uptime every day of the year.

What’s our secret?

First, EP3 supports Rolling Updates to our software, allowing exchange operators to deploy updates of individual microservices or even the entire production exchange without the need to suspend trading or shut down the exchange.

Second, EP3 supports Trade Date Roll Scheduling. This innovative feature allows exchange operators to set when the Trade Date changes to the next day, decoupling the Trade Date from the current calendar date. Establishing a Trade Date Schedule allows exchange operators to trigger and perform end-of-day tasks and reporting without the need to close the exchange or suspend trading.

Taken together, these features offer a significant competitive advantage to exchange operators who can confidently say that the trading never stops on their exchange.

Once again, EP3 sets the bar for innovation in exchange technology.

Let us tell you more – Contact Us

As a startup or company looking to launch or modernize a trading venue, one common mistake may be buying your exchange technology directly from a large-scale legacy exchange.  Established exchanges may dazzle prospective customers with sleek web design, countless products, brand recognition, and ambitious promises of high-level service.  But this shortcut often comes with hidden and costly drawbacks. Chief among these is the fact that you may be buying services and products straight from a future competitor.

At Connamara, we’ve spent over 25 years building client-first, neutral, and modular exchange technology for a wide range of markets: equities, derivatives, futures, crypto, prediction markets, and beyond. We’ve also witnessed how vertically integrated exchange vendors often stifle innovation and put their own interests first. Here’s why you should think twice before choosing your tech stack from an exchange, and what to consider instead.

Conflict of Interest

When your tech provider is a name-brand exchange with brick-and-mortar offices and custom letterhead stationery at every cubicle, it behooves those exchanges to never help you outperform them. That’s because they have two conflicting priorities: running and growing their own exchange and supporting (not necessarily growing) yours. By disincentivizing all the things that make your startup great (growth, experimentation, agility, cutting-edge ideas), a power imbalance emerges.

• Customers are frequently second in line for new features, updates, and support. 
• Your platform’s needs become secondary to their internal agenda.
• Your licensing fees may help to subsidize their market dominance.

Hand-Me-Down Tech

In some cases, exchange technology sold by legacy exchanges is not their cutting-edge infrastructure. They sometimes offer stripped-down, older versions of their products, while quietly developing exciting technology (that they keep for themselves).  Customers may find themselves locked into: 

• Limited flexibility and no way to pivot
• No customization or adaptability
• Outdated APIs
• Costly upgrade packages
• Behind the times on support for new asset classes

The Benefits of Vendor Neutrality

Speaking about ourselves, Connamara Technologies’ sole focus is building exceptional, modern, and reliable exchange platforms using our EP3® technology. We don’t run a market. We don’t compete with you. And we’re not repackaging legacy tech to squeeze out license revenue. That neutrality means:

• Transparency, not agenda-driven priorities.
• An innovation partner invested in your success from day one.
• Modern infrastructure, designed for performance, resilience, and agility.

In 2024, two new EP3-powered derivatives exchanges and a clearinghouse received U.S. regulatory approval. And so far in 2025, two more exchanges have gained regulatory approval. Even more are in the pipeline, demonstrating market confidence in neutral, client-focused technology.

The EP3 Advantage

EP3 by Connamara Technologies is a fully integrated, end-to-end exchange and clearing infrastructure platform that supports rapid, cost-effective launch and operation of new trading venues. EP3 includes critical components such as:

• Matching Engine
• Clearing and settlement
• Market surveillance and reporting
• Risk management
• Administration and market access

EP3 is cloud-native, modular, and asset-agnostic, designed for a broad spectrum of asset classes and trading models, from crypto to carbon credits, derivatives to predictions. We allow clients to license only the components they need, providing cost control and scalability. Deployment options include cloud, on-premise, or hybrid, tailored to regulatory and operational needs.

Don’t Fall Into The Exchange Technology Trap

The next wave of financial innovation is unlikely to come from incumbent exchanges. It will come from bold, independent operators building smarter, faster, and more responsive venues. If you’re serious about controlling your infrastructure and your company’s future, choose a partner that’s committed to your success, not theirs.

Let’s talk about how EP3 can give your market a competitive edge, without the legacy compromise.

Contact Us.

We are continually enhancing the functionality and performance that EP3 offers Exchange Operators. Two EP3 enhancements were released this month to further support our customers that require 24x7x365 uptime. We also updated our Pre-Trade Risk model to improve the capital efficiency of the customers of our exchange operators and enhanced the ability of exchange operators and customers to perform post-trade risk checks and reconciliations in real-time. 

EP3 Rolling Updates

EP3 was updated to support Rolling Updates. EP3 now supports full 24x7x365 trading. Several of our customers operate around the clock every day of the week. For those customers, it is a competitive advantage to not have a maintenance window. Listening to our customers we implemented a deployment strategy that allows individual microservices or the entire production exchange environment to be updated without needing to shut down the exchange or suspend trading. 

Trade Date Roll Scheduling

With Trade Date Roll Scheduling, Exchange Operators can set when the Trade Date changes to the next day, decoupling the Trade Date from the current calendar date. This addition improves downstream reporting for reports and queries that are Trade Date based as opposed to those based on Calendar Dates. Establishing a Trade Date Schedule allows 24x7x365  exchanges to trigger and perform end-of-day tasks without the need to close the exchange for a maintenance window or suspend of trading.

Improved Product Level Pre-Trade Risk Management

Exchange Operators can now establish pre-trade risk checks that net the long and short positions across a specific product for certain accounts. This improves the capital efficiency of the exchange customers. 

New Streaming Endpoint for Trade Reporting

Exchange Operators and their customers routinely require trade information for reconciliation and post-trade risk management. Realizing that this information is needed in real time, we established a new endpoint to stream trade information to exchange operators and their customers. This endpoint is not delayed by database querying but listens directly to the EP3 messaging infrastructure. 

Learn more about how EP3 can power your exchange

Austin, TX — July 2, 2025 — Connamara Technologies, a leading provider of exchange and matching engine technology, is proud to announce that its flagship platform, EP3^®, has been named Best Matching Engine for Trading Venues at the prestigious TradingTech Insight USA Awards 2025.

The award recognizes Connamara’s innovation, reliability, and performance in delivering advanced trading technology for global exchanges. Selected by a global audience of trading technology professionals—including customers, prospects, and industry peers—the win highlights Connamara’s rising influence and proven leadership in the exchange technology space. Since Connamara Technologies was founded in 2022, EP3 has become the go-to technology platform for innovative new exchanges around the globe. 

“This award is a testament to the engineering excellence behind EP3 and the trust our customers place in us,” said Jim Downs, Co-Founder and CEO of Connamara Technologies. “At a time when new exchanges are being launched and existing exchanges are rethinking their technology stacks, EP3 offers unmatched flexibility, speed to market, and total cost advantages. We’re thrilled to be recognized by the community we serve.”

EP3 powers exchanges on four continents, supporting trading across diverse asset classes, regulatory environments, and custody infrastructures. Customers include innovative market operators such as ForecastEx, Zero Hash, ArchitectX, Railbird Exchange, Figure Markets, and Bee4. 

From regulated derivatives markets to emerging digital asset venues, EP3 delivers the performance, flexibility, and integration capabilities today’s exchanges require. And because Connamara doesn’t operate its own exchange, customers benefit from true vendor neutrality and a partnership fully aligned with their long-term success.

The TradingTech Insight USA Awards celebrate excellence in trading technology and are voted on by a global audience of capital markets participants. Winners were announced at a reception in New York on June 24, 2025.

For more information on EP3 and Connamara Technologies, visit www.connamara.tech.

Media Contact:

[email protected]

Austin, TX, New York, NY – Thursday, June 26 – Connamara Technologies, a leading provider of fully integrated exchange technology solutions, is pleased to announce that Railbird Exchange has selected its EP3 exchange platform to power its newly approved U.S. regulated prediction market.

Founded in 2021, Railbird Exchange allows users to trade on the outcomes of real-world events – including economic indicators, entertainment, and cultural moments. On June 13, 2025, Railbird was granted status as a Designated Contract Market (DCM) by the U.S. Commodity Futures Trading Commission (CFTC), with plans to launch later this year.

Why EP3 Matters to Railbird Exchange

Connamara’s EP3 platform offers a high-performance, scalable, and fully integrated exchange solution that meets the rigorous demands of a regulated marketplace. With EP3, Railbird gains robust capabilities for order matching and execution, risk management, market surveillance, and more – all within a modular, API-extensible architecture.

Why Railbird Exchange Matters to Connamara Technologies

Railbird joins a growing roster of innovative markets across the globe choosing EP3 to reduce time to market and total cost of ownership. As a newly approved DCM focused on a fast-evolving asset class, Railbird exemplifies the type of forward-thinking exchange that EP3 is purpose-built to support.

From the Executives

“We made the decision to partner with Connamara well ahead of our regulatory approval, and the experience since has only reinforced that choice. EP3 has given us the flexibility, reliability, and support we need to bring a unique, regulated prediction market to life. Their team’s deep expertise and responsiveness have been instrumental in getting us ready for launch,” said Miles Saffran, Co-Founder of Railbird Exchange.

“We’re proud to support Railbird’s mission to build a transparent, CFTC-regulated marketplace for event-based contracts,” said Jim Downs, Co-Founder and CEO of Connamara Technologies. “Our work together reflects how EP3 enables new exchanges to launch quickly, scale confidently, and meet the demands of modern trading participants.”

About Connamara Technologies and EP3

Connamara Technologies is the only provider of end-to-end, cloud-first, fully-integrated exchange infrastructure technology, empowering new and existing exchanges to operate with exceptional efficiency and reliability via its EP3 exchange and clearing platform. Engineered for the evolving needs of the next generation of exchanges and marketplaces, EP3 is shaping the future of financial markets. For more information, visit www.connamara.tech.

About Railbird Exchange

Railbird Exchange will offer an event contracts derivatives exchange that lets users trade on their predictions. By harnessing trading activity across finance, policy, environment, entertainment, and sports verticals, Railbird will generate real-time insights that will allow individuals and businesses to manage outcomes in an ever-changing world. For more information, visit www.railbirdexchange.com.

Media Contacts

Connamara Technologies, Inc.

[email protected]

Railbird Exchange

[email protected]