100%
Global systemically important banks
Clearing and post-trade processing in a single, automated, real-time workflow
Do everything you need in one platform
Simplify your workflows and manage all your critical processes and workflows in one solution. Ensure all your processing is timely, accurate, and complete – including your customer and regulatory reporting.
Get a complete real-time view of your business
Get accurate, up-to-the-minute information about all your trading activity. Monitor your – and your clients’ – exposure to central clearing counterparties and third-party brokers.
Boost your operational efficiency
Automate manual processes like margin calculations, payments, reconciliations, and management of execution-only schedules, and boost your efficiency with continuous trade processing. Calculate accurate exchange fees and clearing commissions using our global exchange fee database.
Give your customers the best possible service
Supply data and analytics in real time, and interim statements before US markets close. Create web dashboards and reports without IT support, and build self-service workflows and customized solutions by easily integrating internal and external applications.
Advanced, integrated post trade management software
Everything for post-trade processing in one system
Improved operational efficiency
Critical information in real time
Who uses our products?
Head trader
Revenue leader
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.
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.
XTP Spark
XTP
Everything supported in XTP Spark, plus:
Core processing functionality
Back-office trade processing for up to 15 exchanges
Unlimited number of exchanges
Clearing membership functionality
Matching, allocations, regulatory and exchange reporting for up to three clearing memberships
Unlimited number of clearing memberships
Trade regeneration
Trade regeneration, trade linking for two legal entities
Unlimited number of legal entities
Reconciliations
Built-in exchange reconciliations, customizable client and internal recs
Built-in exchange reconciliations, customizable client and internal recs
Data porting
Simple data import/export mapper and scheduler
Simple data import/export mapper and scheduler
Plug and play extension modules
Risk Management, Central Limits Management, cOTC Processing, cOTC Analytics
Open API
Real-time data extracts (JDBC API)
Real-time two-way integration via rich set of APIs (Java, C++ and C#, REST, Python)
Data service
Product static, settlement prices, margin parameters, exchange fees
Position limits, ISIN codes, exchange calendar
Enhance your solution with optional value added modules
- XTP ClearingProcess millions of trades per day with STP rates of over 99.99% and get visibility of your business in real time.
- XTP Fees ModuleOne-touch quotation and approval workflow for commission schedule management.
The facts speak for themselves
- 100%S&P 100 banks
- 100%FTSE 100 banks
- 80%Euronext 100 banks
Many leading banks and financial institutions run on ION software
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.
- 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.
- 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.
- 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.
- 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.
