Trayport, a provider of software to the European commodity trading community, has partnered with MEFF to build a clearing link. The new link will merge with MEFF POWER, the MEFF central counterparty for energy products, providing real-time straight through processing from its GlobalVision Broker Trading Systems to MEFF’s clearing systems for processing transactions.
GlobalVision will now be connected to MEFF’s clearing systems directly. The move will automate the OTC cleared trade workflow, removing manual input errors and improving traders’ day-to-day operations by proving automatic clearing confirmations.
Click here for the release from PR Newswire.