ION integrates fixed income solutions with XTP Execution
25 June 2024 UK
Image: Costello77/stock.adobe.com
ION has announced the integration of its fixed income solutions with XTP Execution (XTPE).
This move aims to make global trading operations more agile and cost-efficient by offering clients reduced support and infrastructure costs, and reducing their time to market to access extra liquidity.
ION’s XTPE is an automated front-office trade workflow solution developed for cleared derivatives trading.
Integrating XTPE with ION Desktop and ION Bus aims to provide ION’s fixed income clients with access to an extended range of futures markets, without the need to be an exchange member.
Tommaso Di Grazia, head of fixed income product development at ION Markets, says: “We are in continuous dialogue with our clients to understand their evolving needs, such as the need for a consolidated trading platform that can transform front-office efficiency.
“In response, we are proud to have integrated our flagship fixed income solutions with XTP Execution. The integration will offer our clients the enhanced connectivity and agility they need to differentiate in a challenging market landscape.”
For dealers already using XTPE for their futures commission merchant (FCM) activity, it provides an option to consolidate futures connectivity across FCM and FI business lines.
Francesco Margini, chief product officer for cleared derivatives at ION Markets, adds: “XTP Execution has long provided firms in the derivatives industry with centralised access to brokers and exchanges.
“We are delighted that our fixed income solutions clients will now also be able to enjoy this advantage through this latest integration.”
This move aims to make global trading operations more agile and cost-efficient by offering clients reduced support and infrastructure costs, and reducing their time to market to access extra liquidity.
ION’s XTPE is an automated front-office trade workflow solution developed for cleared derivatives trading.
Integrating XTPE with ION Desktop and ION Bus aims to provide ION’s fixed income clients with access to an extended range of futures markets, without the need to be an exchange member.
Tommaso Di Grazia, head of fixed income product development at ION Markets, says: “We are in continuous dialogue with our clients to understand their evolving needs, such as the need for a consolidated trading platform that can transform front-office efficiency.
“In response, we are proud to have integrated our flagship fixed income solutions with XTP Execution. The integration will offer our clients the enhanced connectivity and agility they need to differentiate in a challenging market landscape.”
For dealers already using XTPE for their futures commission merchant (FCM) activity, it provides an option to consolidate futures connectivity across FCM and FI business lines.
Francesco Margini, chief product officer for cleared derivatives at ION Markets, adds: “XTP Execution has long provided firms in the derivatives industry with centralised access to brokers and exchanges.
“We are delighted that our fixed income solutions clients will now also be able to enjoy this advantage through this latest integration.”
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