MX.3 for energy and commodities trading and risk management

Seize Opportunity and Navigate Volatility in Energy and Commodities Markets with Confidence.

Today’s fast-moving energy and commodities markets are shaped by uncertainty and rapid change. Your technology platform must do more than keep pace. It must enable you to anticipate and lead.
MX.3 is an integrating platform with continuous innovation at its core. MX.3 offers full front-to-back-to-risk coverage, open APIs and seamless connectivity within your IT ecosystem. Deployed via SaaS or on-premises, it adapts to your needs and scales with your ambitions.
The MX.3 for Energy and Commodities Trading and Risk Management (E/CTRM) solution is agile, resilient and designed for long-term value. The solution is employed by global players across oil, gas, LNG, power, carbon allowances, EACs, metals and agricultural products.

Download the brochure: MX.3 for Energy and Commodities Trading and Risk Management Software (E/CTRM)

MX.3 overcomes the toughest energy and commodity IT challenges.

MX.3 for E/CTRM is built to help you navigate today’s most pressing IT challenges, from legacy systems and real-time data hurdles to market and operational risks, cloud adoption and integration issues.

A single platform fosters efficiencies and simplicity.

Multiple systems lead to operational complexity.
MX.3 pricing and structuring capabilities for E/CTRM products range from physical contracts to complex derivatives for hedging. An open integration framework connects smoothly with your ERP system, proprietary valuation libraries, execution venues, broker platforms and other systems. Check our instrument catalog.

MX.3 ensures full traceability.

Demand transparent, auditable user actions across roles and workflows.
MX.3 ensures user actions across roles and workflows are clear. It assigns users to role-based groups and captures every action through a robust versioning mechanism. Business objects changes are recorded in a structured, tree-like audit trail. Investigation and retrieval of historical states is simple. Workflow actions—such as manual reviews, four-eyes checks and escalations—are tracked. Transparency and accountability across all processes are assured.

MX.3 provides real-time visibility and analytics.

In market turbulence, imprecise data and analytics erodes hedging efficacy and leads to losses.
MX.3’s real-time calculation engine empowers traders to make timely, informed decisions. It delivers real-time P&L, exposures and greeks. Live, cross-asset dashboards provide a clear view of positions, market data and risk metrics. These are broken down by book, counterparty and deal characteristics.

MX.3 provides integrated market and credit risk exposure control.

Untimely limit controls across metrics create global risk exposure.
MX.3 delivers a fully integrated risk suite, covering VaR, stress tests, counterparty exposure, position, XVA, IM, as well as capital charges. Its fully repricing engine supports all instruments, including complex derivatives. From batch to real-time limit checks, users can run pre-trade limit check, monitor their exposures across trading systems and manage advanced limit structures across market liquidity and operational compliance.

MX.3 is open, unified and interoperable.

Fragmented architecture slows down business.
The platform’s rich catalog of REST APIs seamlessly integrates MX.3 for E/CTRM into your technological ecosystem and connects it to third-party systems and infrastructure. Learn more about our APIs.

Murex pours investment into leading technology.

Technology outdatedness impedes priorities.
Murex has invested over EUR 1 billion in R&D over the past decade to stay ahead of market trends and regulatory changes. We continuously explore emerging technologies through in-depth market research and real-world validation. Our co-development approach means working closely with clients on prototypes and pilots to ensure innovations deliver real business value. MX.3 adapts to your quickly evolving business priorities.

Energy and commodities

Oil and refined products

Futures, Listed/OTC options, front-month crude futures averaging swap, Cracks and basis spreads, Asians, swaptions, structured products, EFP

Power and natural gas

EEX/Nodal/ICE/CME Futures, Trayport Forward, Listed/OTC options, Day-ahead, Intraday/Real-time, Imbalance, Base/Peak/Offpeak delivery, Profiled delivery down to 5-min granularity, Clean spark/dark spread, PPAs, VPPs, Swing, Gas storage, Cross-border capacity, Entry/Exit capacity, FTR, Volume time-series (Forecast/Scheduled/Actuals/user-defined)

Base metals

LME prompt/non-prompt dates, LME Cash/3M averaging, Futures, Lookalikes, Options, TAPO, MAF, Carry, Arbitrage, LME life-cycle events (give-up, bring-on, take off, reverse, correct), CME, Chinese & Indian markets

Precious metals

Unallocated Loco London/Zurich, Shanghai gold, Vanilla, Digital, Barriers, Accumulator, TARF, CME Futures, Listed options, EFP, Allocated (Finess, Forms, Vault, Account), Physical unpriced average, Loco swap, Leases with interest in cash/metal, SPDR Gold