Automate and simplify your cleared derivatives middle office with XTP 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.

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A complete post-trade cleared derivatives processing solution for matching, allocation, and clearing trades

  • Do everything you need in one platform

    Manage all your clearing, connect to CCPs and execution platforms worldwide, and enrich clearing trades, with fee, commission, regulatory, and other data through match to trade executions.

  • Boost your efficiency

    Automate even the most complex matching using our flexible allocation engine, get allocations right first time for maximum STP rates, and resolve exceptions the same day with no need for reconciliations or manual corrections.

  • 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 and easily share between systems. Connect to execution platforms 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 limitlessly – up to 10 million lines per day. Easily set up CCPs and broker-cleared markets with no additional hardware or software. Onboard new clients quickly and easily.

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

A complete, all-in-one solution
Automated matching and real-time monitoring
Fast, efficient, and easily scalable with your business

Who uses our products?

Head trader
Revenue leader
Head trader

Situation

  • You need to improve your trading efficiency to deliver better execution outcomes for your clients.
  • You need to navigate a fractured liquidity landscape and access dark liquidity while trading in lit markets at the same time.

Solution

  • Automate your execution workflows by building multi-phase trading strategies that incorporate active and passive execution models.
  • Access a wide range of different venues within a single strategy. Target each venue with the appropriate execution model and use automated limits and constraints to achieve your execution goals.
Revenue leader

Situation

  • You need to provide a globally consistent approach and a high-level of service to all your clients.
  • You want to offer custom execution strategies to achieve a competitive advantage.

Solution

  • Share your strategies across users, desks, and regions to achieve consistent execution outcomes globally.
  • Develop and deploy bespoke trading behavior using the Spotlight Control Module API.

The facts speak for themselves

  • 100%
    Global systemically important banks
  • 100%
    S&P 100 banks
  • 100%
    FTSE 100 banks
  • 80%
    Euronext 100 banks

Many leading banks and financial institutions run on ION software

BNP Paribas BNP Paribas
CITI CITI
HSBC HSBC
Marex Marex
RBC RBC
Santander Santander
Societe General Societe General
Wells Fargo Wells Fargo
Nomura Holdings Nomura Holdings

Award-winning industry leader

FOW Asia Pacific Awards

RegTech Insight Awards Europe

FinTech Global

A-Team Innovation Awards

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