XTP Clearing Automate and simplify your cleared derivatives middle office

Discover what ION can do for you

A complete solution for matching, allocation, and clearing

Cleared derivatives markets are more complex than ever. And clients are more sophisticated.

Whether you’re a global clearing firm, a non-clearing member, or an end customer clearing through a third party, ION’s XTP Clearing can transform this complexity into simplicity.

Advanced technology for STP, regulatory compliance, and real-time visibility of your business

XTP Clearing can process millions of trades per day with STP rates of over 99.99%. Our solution makes it easy to comply with regulations like MiFID II and EMIR. And it gives you visibility of your business in real time.

  • A complete, all-in-one solution

  • Worldwide connectivity

  • Automated matching

  • Real-time monitoring

  • Fast and efficient

  • Scalable with your business

Key features

  • Do everything you need on one platform

    • Manage all your clearing in one global system.

    • Connect to CCPs and execution platforms worldwide- through our network of local data centers.

    • Enrich clearing trades with fee, commission, regulatory, and other data through matching to trade executions.

  • Boost your efficiency

    • Automate even the most complex matching using our flexible allocation engine.

    • Get allocations right the first time for maximum STP rates.

    • Resolve exceptions the same day, with no need for reconciliations or manual corrections in the back office.

    pre trade risk check
  • Easily connect your existing platforms

    • Integrate systems using FIX feeds and industry standard APIs, including your golden source of account data.

    • Work with all major back-office platforms including XTP Core, and easily share between systems.

    • Connect to execution platforms like ION XTP Execution and share post-trade and clearing data with your front office in real time.

    trade risk assessment
  • Get a complete view of your business

    • Monitor allocations using built in KPIs and integrated MIS reporting.

    • Get instant, customizable alerts about allocation events and limit breaches.

    • View comprehensive clearing metrics, including per client and market.

  • Take your customer service to a new level

    • Manage allocations in real time to meet all your clients’ needs.

    • Let your clients view their clearing status in real time.

    • Empower your clients to perform their own allocations online.

    pre trade risk check
  • Free your business to grow

    • Scale your operations limitlessly—up to 10 million lines per day or higher.

    • Easily set up CCPs and broker-cleared markets with no additional hardware or software.

    • Onboard new clients quickly and easily.

    trade risk assessment

Enhance your solution with optional value added modules

Achieve even more with your XTP solution by adding features that meet your specific needs.

Latest Markets awards

FinTech Global 2024

FinCrimeTech50 list

A-Team Innovation Awards 2024

Most Innovative Trade Surveillance Solution

RegTech Insight Awards APAC 2024

Best Solution for Records Retention

TradingTech Insight Awards Europe 2024

Best Smart Order Routing Application

Related products

  • Fidessa

    Get everything you need for equities trading in one, integrated solution— including sophisticated algo trading, order management, and seamless straight-through processing.

  • XTP Front-to-Back Suite

    Unify your cleared derivatives execution, order management, and post-trade processing in a single, automated, real-time workflow.

  • XTP Execution

    Fully automate your cleared derivatives trade workflow with integrated order management, advanced execution, and unrivaled connectivity to global markets.

  • ION Analytics

    Data-driven insights to help you make your best decisions.

Discover what ION can do for you