Simplify your post-trade derivatives business
Whether you’re a global clearer or a firm clearing through a third party, ION’s XTP solution can transform your complexity into simplicity.
XTP provides everything you need in one platform: clearing, settlement, risk management, and reporting. It runs continuously in real time, 24 hours a day with no downtime. It can process large trade volumes at high STP rates with no impact on performance, minimizing operational risk and ensuring you always meet your exchange and regulatory deadlines.
Facts and figures
Average STP rate
Real-time fees, commissions, margins, OTE, and more
End of day reporting
5 times faster
Whether you’re a global clearer or a firm clearing through a third party, XTP can transform your complexity into simplicity.
Do everything you need in one platform
- Manage all your critical processes and workflows in one solution.
- Ensure all your processing is timely, accurate, and complete – including your customer and regulatory reporting.
- Automate manual processes like margin calculations, payments, reconciliations, and management of execution-only schedules.
Get a complete real-time view of your business
- Get accurate, up-to-the-minute information about all your trading activity with continuous processing.
- Monitor your exposure – and your clients’ exposure – to central clearing counterparties and third-party brokers.
- Calculate accurate exchange fees and clearing commissions using our global exchange fee database.
Give your customers the best possible service
- Supply data and analytics in real time, and interim statements before US markets close.
- Create web dashboards and reports without IT support.
- Build self-service workflows and deliver customized solutions by easily integrating internal and external applications.
XTP runs continuously in-real time, empowering your business to operate seamlessly, 24 hours a day with no downtime. It can process massive trade volumes at high STP rates with no impact on performance, minimizing operational risk and ensuring that you always meet your exchange and regulatory deadlines.
XTP Fees Module
XTP Fees Module provides a one touch quotation and approval workflow for commission schedule management. Cost management is underpinned by ION’s global Fee Data service for exchange data and native two-way integration with FIA Docs, the industry’s golden source for brokerage agreements and rates. Its powerful calculation engine provides real time charging, supporting time-of-trade reconciliation and full visibility to customers.
XTP Margin Module
XTP Margin Module is the market leading solution for real time exchange margin calculation, providing unparalleled exchange coverage via a powerful real-time API and intuitive user interface.
XTP Middle Office streamlines your clearing and allocation flows in real time, processing millions of trades daily and achieving STP rates in excess of 99.99%. Exceptions can be addressed on top day allowing you to risk effectively and meet your clients needs.
XTP Match improves the efficiency and flexibility of your reconciliation process with state-of-the-art technology. Customizable dashboards, exception management and alerts enable you to investigate, diagnose and resolve data breaks at scale.
XTP Risk provides a consolidated view of your cleared derivatives risk throughout your organization. With access to global market data and native margin algorithms, XTP Risk replicates your clients’ and counterparty positions, P&L, and margin exposure in real-time. XTP Risk exchange position limit monitoring leverages the ION Limit Data Service, removing the need for any manual input and maintenance.
FOW International Awards 2020
Risk Management Solution of the Year
FOW International Awards 2020
Post Trade System of the Year
FOW International Awards 2019
Best New Product – Trade Reconciliation
We have decades of experience in providing benchmark products and services for the cleared derivatives industry.