Daniel Davis, Head of Growth at Connamara Technologies, is headed to the 2025 AFM Annual Conference in Nairobi on February 13-14, 2025. Daniel will be speaking on the panel, Technology Innovation in Trading and Clearing, moderated by Hirander Misra, Chairman & CEO, GMEX Group and ZERO13. He will be joined on the panel by Zach Hodgson & Dewald Marais (Securities & Trading Technology), and Subbiah (Subbu) Rajagopal (Chella Software).
Press Release
EP3® Update Highlights January 21, 2025
We are continually enhancing the functionality and performance that EP3 offers exchange operators. In response to customer feedback, EP3 now supports the following:
Maker / Taker Fees / Commissions
EP3 already has a robust, rules-based commission structure that allows customers to set trade commissions in several ways. Exchange operators can now set up a Maker/Taker Commission schedule to encourage exchange users to rest liquidity in the market, such as offering rebates (negative commissions).
Product Level Commissions
Commissions can now be set at the Product Level, which benefits exchanges that list a large number of related instruments. This new feature improves exchange operators’ operational efficiency.
Improved Scalability, Availability, and Fault Tolerance of the EP3 Instrument Server
The EP3 instrument server provides details on the tradeable instruments in EP3 and manages their trading schedules. Think of it as a security master. The latest enhancements allow the EP3 Instrument Server to be deployed in a multi-replica configuration, leveraging Kubernetes for scale, load balancing, and fault tolerance.
Corporate Actions Support
Customers have requested that EP3 provide support for certain corporate actions. EP3 now offers new functionality for stock splits and dividends. Via the EP3 Admin API, exchange operators can indicate that a corporate action is in progress, which will be communicated to market participants over FIX market data. Stay tuned for more updates to this functionality.
Architect Financial Selects Connamara Technologies’ EP3® For Exchange Platform
VIA PR NEWSWIRE
AUSTIN, TX, CHICAGO, IL – January 27, 2025 – Connamara Technologies, a leading provider of fully integrated exchange infrastructure solutions, is proud to announce that Architect Financial Technologies Inc. (“Architect”), an emerging leader in derivatives brokerage services and trading technology, has officially selected EP3® by Connamara Technologies as the backbone of its upcoming perpetual futures exchange, ArchitectX.
The EP3 exchange platform is renowned for its robust, high-performance design and its ability to seamlessly integrate with third-party and proprietary applications through advanced APIs. This collaboration marks a significant step in Architect’s mission to catalyze a new era in regulated derivatives trading with leading-edge technology.
Empowering the Future of Futures
Architect’s decision to partner with Connamara followed an exhaustive review of leading exchange platform technology providers. EP3 emerged as the ideal choice, offering a combination of performance, reliability, and modularity that aligns seamlessly with Architect’s approach to building next-generation derivatives technology.
“In developing ArchitectX, a first-in-kind perpetuals exchange for traditional assets, it was critical to integrate a matching engine that is high-throughput, low-latency, extensible, and industry-proven. Connamara’s EP3 exceeded our expectations across every dimension. We look forward to providing ArchitectX’s participants with a best-in-class trading experience supported by Connamara’s infrastructure.” – Brett Harrison, Founder and CEO, Architect.
Why EP3®?
Connamara’s EP3 is a third-generation matching engine designed to meet the needs of modern markets. Its features include:
- Advanced APIs: Facilitating seamless integration with proprietary tools and third-party systems.
- High Performance: Capable of supporting diverse asset classes and handling increasing transaction volumes with ease.
- Cost-Effective Technology: Offering a modern alternative to legacy systems while maintaining affordability and flexibility.
“Architect has assembled a high-performing team of technologists and capital markets professionals who provide unparalleled innovation in trading. It is an honor to be selected by them to provide the exchange infrastructure for their latest expansion.” – Jim Downs, Co-Founder and CEO, Connamara Technologies.
About Architect
Architect Financial Technologies Inc. is an institutional financial technology enterprise built for twenty-first-century markets. The company and its affiliates offer technology-forward US-regulated securities and derivatives brokerage services, including full-featured APIs, algorithmic trading solutions, advanced UI/UX, and portfolio management tools.
To learn more, please visit www.architect.co
About Connamara Technologies
Connamara Technologies is the leading provider of fully integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3® platform is a new breed of exchange and clearing technology that seamlessly integrates all key functions into a single, robust platform. It is cost-accessible, 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
For media inquiries, please contact:
Connamara Contact
Daniel Davis, Head of Growth
[email protected]
Architect Contact
Megan Mason, Head of Corporate Communications
[email protected]
How Technology Promotes the Growth of Exchanges
Dive into a dynamic 30-minute webinar, “Building the Future of Exchanges: How Technology Enables Growth” delving into the critical role of innovation in driving exchange growth, featuring insights from Building Competitive Technology for Exchanges of the Futures, a study conducted by market intelligence firm Acuiti in partnership with Connamara Technologies.
Hosted by Chris Sturgess, President and Executive Board Member of AFM, and moderated by William Mitting, Founder & MD of Acuiti, the webinar explores how exchanges worldwide are leveraging technology to achieve growth. Panelists Jim Downs and Maureen Downs, Co-Founders of Connamara Technologies, discuss key findings, including statistics and insights on the state of exchange technology, the importance of investing in new innovations, and growth opportunities for emerging economies.
Click here to access the previously live webinar
EP3 Honored as Runner-Up For Best Matching Engine
EP3 by Connamara Technologies was honored as Runner-Up for Best Matching Engine at the 2024 Global Fintech Awards powered by Benzinga.
The judging committee deemed us one of the “brightest stars in the financial technology industry” for our groundbreaking EP3 exchange platform that is powering innovative new exchanges and emerging market exchanges around the globe.
The awards ceremony was held on November 19, 2024 in New York City and Devexperts took home the trophy for its DXmatch.
Congratulations to Devexperts and thanks to the judges for recognizing our important contributions to the fintech industry.
Connamara Technologies Honored as Finalist for Disruptor of the Year
Connamara Technologies was honored as a Finalist for Disruptor of the Year at the 2024 US FinTech Awards. The US FinTech Awards aim to recognize and celebrate the best and the brightest in the US fintech community showcasing innovation and success across the various fintech sectors.
Connamara Technologies was recognized for its groundbreaking achievements in exchange technology. Our EP3 exchange and clearing platform is a new breed of technology for a new generation of exchanges and marketplaces. It is an end-to-end solution that is asset-agnostic, cloud-first, fast-to-market and cost-accessible. It is enabling the growth of innovative new exchanges and emerging market exchanges around the globe.
The awards ceremony took place on November 14, 2024 at the Edison Ballroom in New York City. Kinectify, a rising star in AI-powered AML solutions for casinos, took home the winner’s trophy for Disruptor of the Year.
We congratulate Kinectify as well as our fellow finalists Alumni Ventures, Catchlight, Daffy, Featurespace, Lili and Nymbus for their important contributions to the fintech community.
EP3® Technology Powers $560 Million in U.S. Election Contracts: The Invisible Engine Behind ForecastEx’s Fast-Growing Predictions Market
November 13, 2024, Austin, Texas — ForecastEx, a wholly-owned subsidiary of Interactive Brokers (IBKR) and a US-regulated predictions exchange and clearinghouse, processed an impressive $560 million+ in election contracts for the 2024 U.S. general election. The innovative technology driving those contracts? Connamara Technologies’ EP3 ® matching engine and exchange platform.
In the days leading up to and during election night, EP3 operated like the gears of a fine timepiece: inconspicuous, vital, and unfaltering. This synchronicity of unyielding performance weathered waves of volatility and seamlessly processed trades at a record volume.
Working in concert with ForecastEx’s internal teams, Connamara Technologies’ engineers monitored systems around the clock, ready to respond to surges in trade volume with precision and expertise. The team’s commitment went beyond standard duty, ensuring unparalleled service during this first-in-a-lifetime historic trading event.
With EP3 powering its trading, ForecastEx has not only established a benchmark for transparency in elections but has also offered the public real-time, market-based insights into election sentiment. EP3 operates from a legacy of trading knowledge that dates back to the late 1980s.
“While you may not recognize the name EP3 just yet, you’ll certainly recognize our impact. Whether you placed a trade or watched from afar, the 2024 election proved our technology’s resilience and our team’s commitment to deliver seamless, high-volume processing at every turn for future predictive events,” said Jim Downs, Co-Founder and CEO of Connamara Technologies.
As predictions markets continue to grow, the unseen elements – the EP3 technology and the engineers who support it – will remain crucial to providing reliable, transparent platforms that allow for public sentiment to be expressed and analyzed in real-time. Moving forward, Connamara Technologies aims to expand EP3’s reach, enabling new exchanges and markets to take advantage of this dependable backbone technology.
About Connamara Technologies
Connamara Technologies is the leading provider of fully-integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3 platform is a new breed of exchange and clearing technology that seamlessly integrates all key functions into a single, robust platform. It is cost-accessible, 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
Media Contact: [email protected]
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Connamara Technologies Equips Zero Hash with Cutting-Edge Exchange Platform
AUSTIN, TX, CHICAGO, IL – October 8, 2024 – Connamara Technologies, a leading provider of fully integrated exchange infrastructure solutions, is proud to announce that Zero Hash, the foremost crypto and stablecoin infrastructure platform, has successfully implemented its digital asset platform, powered by the proprietary EP3® matching engine.
EP3 is a versatile and scalable exchange platform designed to meet the evolving needs of the emerging asset market.
Why it Matters to Zero Hash
- By leveraging EP3’s advanced features, Zero Hash can efficiently match orders, manage risk, and access new markets.
- EP3’s flexibility allows Zero Hash to explore new use cases, further solidifying its position as the leading infrastructure provider for start-ups, enterprises, and Fortune 500 companies, powering a diverse range of use cases: cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets and on and off-ramps.
Why it Matters to Connamara Technologies
Partnering with Zero Hash, a major and rapidly growing player in the crypto and stablecoin infrastructure space, reinforces the early EP3 design decisions to provide an exchange infrastructure platform that is flexible and can scale as our customers grow.
Quotes
- “Zero Hash has assembled a top-notch business and engineering team, and we are honored that they selected EP3 and Connamara Technologies as technical partners in creating a world-class crypto infrastructure.” – Jim Downs, Co-Founder and CEO of Connamara Technologies.
- “The team at Connamara provides deep technical expertise and market knowledge that has helped Zero Hash scale critical aspects of our product offering to meet market demand. The digital asset space is constantly evolving and Connamara’s ability to adapt and evolve has played a pivotal role in our success.” – Adam Leaman, Zero Hash Chief Client Officer and Founding Team member.
About Zero Hash
Zero Hash is the leading crypto and stablecoin infrastructure provider that seamlessly connects fiat, crypto and stablecoins in one platform, enabling a better way to move and transfer money and value globally.
Through its embeddable infrastructure, start-ups, enterprises and Fortune 500 companies build a diverse range of use cases: cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets and on and off-ramps.
Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.
Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 US jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.
Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. This registration enables Zero Hash to offer its crypto services in Australia. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. A FSP in New Zealand is a registration and does not mean that Zero Hash Australia Pty Ltd. is licensed by a New Zealand regulator to provide crypto services. Zero Hash Australia Pty Ltd.’s registration on the New Zealand register of financial service providers does not mean that Zero Hash Australia is subject to active regulation or oversight by a New Zealand regulator. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) registration by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).
Connect with Zero Hash
Website | Twitter | LinkedIn | Medium
Zero Hash Disclosures
Zero Hash services and product offerings may not be available in all jurisdictions. Zero Hash accounts are not subject to FDIC or SIPC protections, or any such equivalent protections that may exist outside of the US. Zero Hash’s technical support and enablement of any asset is not an endorsement of such asset and is not a recommendation to buy, sell, or hold any crypto asset. The value of any cryptocurrency, including digital assets pegged to fiat currency, commodities, or any other asset, may go to zero. Zero Hash is not registered with the SEC or FINRA. Zero Hash does not provide any securities services and is not a custodian of securities, including security tokens, on behalf of customers.
About Connamara Technologies
Connamara Technologies is the leading provider of fully-integrated exchange infrastructure, empowering new and existing exchanges to operate with exceptional efficiency and reliability. Its EP3 platform is a new breed of exchange and clearing technology that seamlessly integrates all key functions into a single, robust platform. It is cost-accessible, 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
Media Contact:
Randy Williams for Connamara
[email protected]
+1.917.213.5980
EPH2Comms.com
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Connamara/Acuiti Study Finds Emerging Market Derivatives Exchanges Face Technology Hurdles in International Growth
In this thoughtful writeup by TradingTech Insight, from A-Team Group, Mike O’Hare points out some interesting findings in the recently published report Building Competitive Technology for the Exchanges of the Future from Acuiti.io in collaboration with Connamara Technologies:
Jim Downs to Speak at Environmental Markets Association Annual Meeting
Jim Downs is headed to Scottsdale, AZ, to speak at the Environmental Markets Association 28th Annual Meeting. Jim will join a panel of industry experts to discuss Industry Upgrade: How to Leverage Technology to Enhance Environmental Markets.
Jim will be joined by moderator, Ken Nelson, President, Blue Delta Energy, LLC and fellow panelists, Brian Fallon, SVP, Xpansiv and Benjamin Gerber, President, M-RETS.