Market Outlook Addressing the market challenges

in EMEA / APAC

Jonathan English Managing Director, Allegro

•  Current market challenges

•  Other challenges•  Allegro solutions to address challenges

Agenda

• Global Crude Oil Market• European Power Market• European Gas Market

• LNG• Currency Moves

Volatility / Uncertainty

0

2

4

6

8

10

12

14

16

18

2010 2011 2012 2013 2014 2015 2016

NaturalGasandLNGPricing

DutchSpot

OilIndexedNG

RussianDEExports

SpotLNG-Japan

SpotLNG-UK

Source:BPStaJsJcalReviewofEnergy2016

•  Nuclear

•  Coal-Fired Generation•  Natural Gas•  Renewables

Generation Mix

Source:Eurostat2013Data

MiFiD2 REMIT

OtherFuture

RegulaJonsEMIR

Regulatory Environment

Trading Trends

Asset-BackedTradingIntraday/Short-TermTrading Op:miza:on

ComplexDeals/StructuredProducts Analy:cs Complexity

Other Challenges

ProcessingInforma:onRapidly

BusinessAgility

DataAvailabilityIntegra:on CostCuFngPressuresOfferings

Pre-TradeAnalyJcs

EnhancedSimulaJon

Tools

IntradayTradingTools

ImprovedAsset

Management

ForwardCurve

Generator

HedgeGuidance

Allegro Solutions - Trading

Allegro Solutions - Technology

Performance

ConnecJvity

EnvironmentManagement

TesJngTools

DiagnosJcTools

Cloud-Based

SoluJons

MobileSoluJons

Allegro Solutions - Compliance

MiFiD2 EnhancedAuditTools

WhateverisNext??? TradeForensics

Q & A