XTP Clearing Automate and simplify your cleared derivatives processing

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 broker, 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 achievable to comply with regulations such as 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

  • Work with clients in real time

    • Manage all your clearing in one global system.

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

    • Enrich 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 transparency and remove the need for manual processes.

  • 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.

  • 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.

  • Free your business to grow

    • Scale your operations by removing manual processing and automation.

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

    • Onboard new clients quickly and easily.

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

Buy-Side Technology Awards 2022

Best buy-side algo trading tool/suite

FOW Asia Capital Markets Awards 2022

Derivatives Trading System of the Year

FOW Asia Capital Markets Awards 2022

Best Connectivity Provider of the Year

WatersTechnology Asia Awards 2022

Best AI-based Solution

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