ION expands connectivity to futures markets through new integration

Integration with ION’s XTP Execution will give fixed income clients access to an increased scope of futures markets, offering users with centralised access.

ION has integrated its fixed income solutions with its XTP Execution platform, extending client access to various futures markets for trading and market data.

Tommaso Di Grazia

ION’s XTP Execution (XTPE) is an automated front-office trade workflow solution focused on cleared derivatives trading.

The solution provides users with integrated order management capabilities, order execution, direct connectivity to all key exchanges globally, and indirect access to local exchanges through a network of execution brokers.

“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,” said Tommaso Di Grazia, head of fixed income product development at ION Markets.  

“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.”

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The integration of XTPE will give ION’s fixed income clients access to an increased scope of futures markets, offering users with centralised access.

The move will also enable dealers to access markets without the need to be an exchange member. For dealers who are existing users of XTPE for their FCM activity, the integration will also provide an option to consolidate their futures connectivity across FCM and FI business lines.

As well as reducing time to market to access extra liquidity, clients will benefit from reduced support and infrastructure costs, making global trading operations more agile and cost-efficient, ION claimed.

“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,” said Francesco Marhini, chief product officer for cleared derivatives at ION Markets.