ION adds event-based contracts to its XTP platform
The update is set to support futures commissions merchants (FCMs) looking to enter the prediction markets space, The TRADE understands.
The update is set to support futures commissions merchants (FCMs) looking to enter the prediction markets space, The TRADE understands.
Market experts from Nasdaq, LSEG, CLS and ION delve into the regulation to keep an eye on, the increasing relevance of digital assets as they increasingly converge with traditional finance, and the emerging post-trade trends expected to continue into 2026.
The new offering integrates Tradeweb and is expected to support institutional investors trading ETFs to gain access to wider global liquidity pools, increase automation and improve risk management.
The integration follows the launch of GFO-X in May 2025, and follows growing institutional demand for centrally cleared cryptocurrency trading and digital asset trading.
The move comes as part of the push to boost retail trading across Europe and will provide FastTrade users with access to 13 European markets available through Equiduct Apex.
The new solution integrates CME SPAN 2 and aims to address calculation and speed challenges associated with the model.
The move will enable exchange members to use ION’s Fidessa algorithmic trading functionality on BSE, with the aim of reducing costs and improving efficiency.
Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.
The TRADE sits down with Edoardo Pacenti, head of trading tools for fixed income at ION, to discuss the latest rule changes for fixed income clearing in the US, the impact on trading desks and how to navigate compliance.
ION’s cleared derivatives trade processing platform, XTP, offers real-time, post-trade capabilities; the onboarding of Advantage Futures to the platform was completed in record time.