Automate and simplify cleared derivatives trading with XTP Execution

Whether you’re a global bank, a specialist trading firm, or somewhere in between, ION XTP Execution can transform the complexity of derivatives trading into simplicity. XTP Execution gives you everything you need in one solution—integrated order management, advanced order execution, and unrivaled connectivity to global markets.

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A complete order and execution management system

  • Everything you need in one solution

    Integrate your execution and order management in one platform. Efficiently execute complex orders with benchmark algos and our synthetic spread trader. Split and allocate trades from the execution screen using intelligent allocation algorithms.

  • Simplify your workflows

    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.

  • Trade anytime, anywhere

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

  • See 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.

  • 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.

  • Free your business to grow

    Onboard new clients swiftly, reduce your technology costs with our hosted solutions, and scale your business easily with our modular technology.

Simplifying the world of execution

Trading anytime, anywhere
Critical information in real time
Regulatory obligations made easy

Trading anytime, anywhere

Critical information in real time

Regulatory obligations made easy

XTP Execution is offered in three service levels

XTP Execution Workstation

Trade anytime, anywhere

Try Workstation
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XTP Execution Pro

Make your workflows easier

Try Pro
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XTP Execution Enterprise

Do everything you need in one solution

Try Enterprise
Learn more »
Client profile
Buy side/Sell side
Sell side
Sell side
Number of users
1-50 users
1-50 users
>50 users
Implementation time
4-6 weeks
2-3 months
2-3 months
Advanced Execution Benchmark algos
✓
✓
✓
Synthetic Spreader
✓
✓
✓
Inbound FIX connectivity (DMA / Care)
✓
✓
Advanced order management (Bulk and Stitch strategy orders)
✓
✓
Splits and Allocation Service
✓
✓
Internal Market / Hedge Management Tool
✓
Customizable platform
✓
 

Enhance your solution with optional value added modules

  • Advanced execution
    Ensure the best possible execution while reducing costs with our intelligent advanced execution tools.
    Learn more
  • Advanced Order Management
    Handle your order flow no matter how large or complex.
    Learn more
  • Low-Touch
    Simplify your workflows so you can focus on client service and expanding your business.
    Learn more
  • Multi-broker
    Access your community, access your markets, all from one place.
    Learn more
  • Synthetic Spread Trader
    Build complex, cross-exchange strategies with ease.
    Learn more
  • Trade Allocation Service
    Manage your post-trade workflows all from a single view.
    Learn more

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

Hear from our customers and peers

  • A core pillar of my strategic growth plan for Sigma is the implementation of best-in-class systems to provide our clients with seamless execution. Sigma Broking is one of only eight Category 1 Ring Dealing members on the LME; ION’s XTP Execution further strengthens our front-office execution capabilities and infrastructure for trading commodities on the LME.
    Gary Pettit
    CEO, Sigma Broking Ltd
    Learn more
  • Direct connectivity through the XTP Execution service will help to increase CEDX’s footprint across Europe ahead of its strategic expansion into single stock options. We are excited for ION’s clients to benefit from a transparent, efficient, and truly pan-European equity derivatives market, and accelerating towards our vision of creating the most complete equity derivatives ecosystem in Europe.
    Iouri Saroukhanov
    Head of European Derivatives, Cboe Europe
    Learn more
  • While we continue to prioritize giving our clients access to highly experienced options brokers, this partnership with ION also establishes us as a digitally driven, retail consumer finance brand. Our goal is to combine the best of both worlds to help our clients further their investment objectives across cash equities, futures and options. After an exhaustive tender process, ION clearly stood head and shoulders above all other derivatives technology providers. We look forward to integrating the XTP Suite into OptionsDesk to complement our desk-broking services.
    James Proudlock
    Managing Director, OptionsDesk
    Learn more
  • We are pleased to work with a renowned company like ION as we seek to further reinforce core business activities with advanced tools and solutions that drive efficiency through process unification and automation.
    Guy-Laurent Arpino
    Chief Information Officer, Louis Dreyfus Company (LDC)
    Learn more
  • We’ve enjoyed a longstanding partnership with ION, and we’re pleased to offer our discerning institutional brokers the opportunity to migrate to GTP. As we continue to grow our global institutional business, GTP will be the primary vehicle for our institutional brokers and clients to trade electronically, using the trading GUI or the API.
    Gerald Corcoran
    Chairman and CEO, RJO
    Learn more

Latest insights

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Unrivaled financial technology knowledge and expertise

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Full features

XTP Execution Workstation

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XTP Execution Pro

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XTP Execution Enterprise

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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)
Integrated execution and order management (EOMS)
✓
✓
✓
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
✓
✓
Consolidated order book (Exchange and 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
✓
Auto Hedge management tool
✓
Front-to-back integration
Integrated splits and allocations
✓
✓
Integrated splits and allocations
✓
✓
Trade Recaps
✓
Trade Recaps
✓
Service level overview
 

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.