Advise Technologies Releases Position Limits Monitoring Software

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The Signal product helps investors respond to increased global scrutiny on the size of their positions.

Advise Technologies - Signal - Position Limits

Advise Technologies - Signal

Advise's Signal product allows an investor to set warning alerts at user-defined levels, understand current positions relative to the limits, and maintain compliance as changes are made to the limits.

Advise Technologies, a provider of reporting and compliance software for investment managers, is pleased to announce the release of a position limits monitoring module for its Signal product. The new module covers position limits and accountability & reportable levels.

Signal allows an investor to set warning alerts at user-defined levels, understand current positions relative to the limits, and maintain compliance as changes are made to the limits. Signal’s new position limits module currently offers coverage for the following regulators and exchanges: Commodity Futures Trading Commission (CFTC), Options Clearing Corporation (OCC), Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), Commodity Exchange (COMEX), Intercontinental Exchange (ICE), EUREX, Hong Kong Futures Exchange (HKFE), and Osaka Securities Exchange (OSE). Advise continues to expand the module’s coverage.

Position limits are imposed by regulators and exchanges to limit the number of contracts, or underlying units of such contracts, that can be accumulated by an investor. They apply to a variety of instruments including options contracts, commodity derivatives such as agricultural and energy futures, and financial products such as interest rate and currency swaps.

Often within specific parameters set by government regulators, exchanges establish limit levels particular to individual products or product-types, as well as required methods by which investors must calculate their holdings. Such methods include aggregation of positions held in similar products, as well as defined protocols for netting long and short interests. In addition to the strict limits, many exchanges and regulators set “accountability” or reporting levels that subject investors to disclosure or similar obligations upon accumulating a certain number of contracts or units.

Investors are expected to receive increased scrutiny on the size of their positions in many financial markets globally, as illustrated by current regulatory developments in the United States and in the European Union. In the U.S., the CFTC is finalizing an expanded position limit regime for commodity derivatives, which is expected to occur in 2016. In the European Union, the amended Markets in Financial Instruments Directive, known as MiFID II, establishes new position limit and reporting rules which are expected to take effect in 2017 or 2018, taking into account a likely delay in its implementation.

-- Signal --
Signal is a threshold monitoring platform designed to assist investors and investment managers with compliance issues related to positions and trades. Data from the firm's trading or accounting systems is used to alert users and assist in the reporting process. Signal can be integrated with most commercial or in-house systems and is available as a local install or SaaS solution. The software provides enterprise-class features, such as user permissioning, full audit trail, workflows, and reporting.


-- About Advise Technologies --
Advise is an award winning provider of reporting and compliance software for investment managers. With four flagship products – Consensus, Vault, Notes, and Signal – it provides innovative solutions to the regulatory and operational challenges of clients. Founded 2010, it is headquartered in New York. For more information:

John Bobis
+1 (212) 576 1170

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John Bobis
Advise Technologies
+1 212 576 1170 Ext: 321
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