XTP Execution - GTP Simplifying the world of execution

Discover what ION can do for you

A complete solution for cleared derivatives order management and execution

Derivatives trading can be incredibly complex. So many exchanges and brokers, all with their own screens and workflows. And a mixture of platforms and systems that are outdated and unconnected. That complexity can cost you.

Whether you’re a global bank, a specialist trading firm, or somewhere in between, the ION XTP Execution can transform your complexity into simplicity.

ION XTP Execution gives you everything you need for cleared derivatives trading in one solution—integrated order management, advanced order execution, and unrivaled connectivity to global markets.

Everything you need in one solution

At ION, we have decades of proven experience delivering benchmark products and services for the cleared derivatives world.
 
XTP Execution natively supports all your FIX flow, order management, and trading needs. So you can replace your complex legacy systems with one integrated solution.

  • Everything you need in one system

  • Seamless workflows

  • Trading anytime, anywhere

  • Critical information in real time

  • Regulatory obligations made easy

  • Freedom to grow your business

Key features

  • Everything you need in one solution

    • Integrated execution and order management in one platform.

    • Efficiently execute complex orders with benchmark algos and our synthetic spread trader.

    • Split and allocate trades directly from the execution screen using intelligent allocation algorithms.

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    Derivatives Trade Solutions
  • Make your workflows easier

    • Execute everything from no-touch DMA to high-touch care orders.

    • Transform high-touch execution into low-touch with rule-based strategies.

    • Simplify complex electronic workflows with bulking, stitching, linking, and spread tail management.

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  • Trade anytime, anywhere

    • Access any market in the world, 24 hours a day, directly or through our vast connectivity network.

    • Empower your global teams to implement a follow-the-sun model with our order handover functionality.

    • Connect from anywhere using your mobile device, laptop or workstation.

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  • Get a complete view of your business

    • See a consolidated view of all your trading activity and risk and easily drill down into accounts, trades, and positions.

    • Monitor your execution performance with integrated real-time analytics.

    • Respond rapidly to issues with exception-based monitoring and alerts.

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  • Always meet your regulatory obligations

    • Get a complete audit trail covering the full order execution lifecycle.

    • Stay compliant with a managed solution that’s constantly updated in response to regulatory changes.

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  • Free your business to grow

    • Reduce technology costs with our hosted solutions.

    • Onboard new clients swiftly.

    • Scale your business easily with our modular technology.

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Learn more about the ION XTP Execution order management solution

ION XTP Execution gives you everything you need for cleared derivatives trading in one solution—integrated order management, advanced order execution, and unrivaled connectivity to global markets.

XTP Execution is offered in three service levels

XTP Execution Workstation

Trade anytime, anywhere

XTP Execution Pro

Make your workflows easier

XTP Execution Enterprise

Do everything you need in one solution

Client profile
Buy side/Sell side
Sell side
Sell side
Number of users
1-50 users
1-50 users
>50 users
Number of regions
1-3 hubs
1-3 hubs
>3 hubs
Shared infrastructure
Yes
Yes
No
Implementation time
2-4 weeks
2-3 months
6-9 months
Customizations
No
No
Yes
Release cycle
Quarterly
Quarterly
Bespoke
Screen and market-sponsored connectivity
No
No
Yes

Enhance your solution with optional value added modules

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

Latest Markets awards

Global Finance Best Treasury & Cash Management Award 2022

Best Cash Forecasting

RiskTech100 2022

Treasury Platforms

Adam Smith Awards 2021

Best Investing Solution

Central Banking Awards 2021

Risk Management Technology

Related products

Full features

XTP Execution Workstation

XTP Execution Pro

XTP Execution Enterprise

Advanced execution
Synthetic spreader
Benchmark algos
Advanced order types – contingents, synthetics
Third-party algo representation
Order analytics
Integrate in-house developed algos
Integrated execution and order management (EOMS)
Stage flow – via Excel, API, FIX
Excel integration
Global order handover
Call levels
Manual fills
Inbound FIX connectivity
FIX DMA
FIX CARE
FIX direct strategy access (DSA)
FIX inbound allocations
Spreader over FIX
Advanced order management
Bulking/stitching
Linking/unlinking
Vendor drop copies
Low-touch workflow
Advanced analytics – Order performance monitor (OPM)
Smart order router (SOR)
Advanced direct strategy access (DSA)
Internal market
Internal market crossing engine
Auto Hedge management tool
Efficient order management to capture manual crossing flows
Front-to-back integration
Integrated splits and allocations
XTP Clearing integration with real-time clearing status display
Advanced recaps
Customized integration interfaces
Service level overview
Description
The ION GTP Multi-broker Workstation lets you execute orders across all your brokers using a suite of advanced trading tools, backed by a global community of sell-side firms, all in a single solution. Manage execution using a single order blotter that provides a complete view of all your orders and connect to global markets using direct memberships or a vast network of certified executing brokers. Leverage the award-winning suite of GTP advanced order types or execute across broker specific algos.
The platform of choice when more than just an EMS is needed. Benefit from the advanced execution and workflow automation at the core of GTP in a cost-effective packaged solution. Support inbound FIX connectivity from our vast network of buy-sides and integrate seamlessly with front-to-back downstream systems. Rapid deployment with a global reach and support for up to 50 users across multiple regions.
Our flagship integrated execution and order management platform for those requiring a global dedicated platform with the flexibility to differentiate. With complete support for complex order types and spreading tools, as well as advanced workflow automation, market data, and risk, GTP has everything you need to trade on derivatives markets around the world.