ICAP-owned post-trading technology provider, Traiana, has started offering real-time straight-through-processing (STP) connectivity through the Harmony network for supporting FX trades. CME Clearing has signed up as its first central counterparty clearing party (CCP).
The solution will enable connectivity and matching between executing banks, prime brokers, execution platforms and CCPs for over-the-counter FX trades. The move is an extension of Traiana’s existing post-trade workflow solutions for the FX marketplace.
Click here for the release from Traiana.