Discover what ION can do for you
A complete solution for matching, allocation, and clearing
Cleared derivatives markets are more complex than ever. And clients are more sophisticated.
Whether you’re a global clearing firm, a non-clearing member, or an end customer clearing through a third party, ION’s XTP Clearing can transform this complexity into simplicity.
Advanced technology for STP, regulatory compliance, and real-time visibility of your business
XTP Clearing can process millions of trades per day with STP rates of over 99.99%. Our solution makes it easy to comply with regulations like MiFID II and EMIR. And it gives you visibility of your business in real time.
A complete, all-in-one solution
Worldwide connectivity
Automated matching
Real-time monitoring
Fast and efficient
Scalable with your business
Key features
Do everything you need on one platform
Manage all your clearing in one global system.
Connect to CCPs and execution platforms worldwide- through our network of local data centers.
Enrich clearing trades with fee, commission, regulatory, and other data through matching to trade executions.
Boost your efficiency
Automate even the most complex matching using our flexible allocation engine.
Get allocations right the first time for maximum STP rates.
Resolve exceptions the same day, with no need for reconciliations or manual corrections in the back office.
Easily connect your existing platforms
Integrate systems using FIX feeds and industry standard APIs, including your golden source of account data.
Work with all major back-office platforms including XTP Core, and easily share between systems.
Connect to execution platforms like ION XTP Execution and share post-trade and clearing data with your front office in real time.
Get a complete view of your business
Monitor allocations using built in KPIs and integrated MIS reporting.
Get instant, customizable alerts about allocation events and limit breaches.
View comprehensive clearing metrics, including per client and market.
Take your customer service to a new level
Manage allocations in real time to meet all your clients’ needs.
Let your clients view their clearing status in real time.
Empower your clients to perform their own allocations online.
Free your business to grow
Scale your operations limitlessly—up to 10 million lines per day or higher.
Easily set up CCPs and broker-cleared markets with no additional hardware or software.
Onboard new clients quickly and easily.
Enhance your solution with optional value added modules
Achieve even more with your XTP solution by adding features that meet your specific needs.
XTP
Scale and simplify your business for derivatives clear by processing real-time settlement, risk management, exchange and regulatory reporting.
XTP Fees Module
One-touch quotation and approval workflow for commission schedule management.
Latest Markets awards
A-Team Innovation Awards 2024
RegTech Insight Awards APAC 2024
TradingTech Insight Awards Europe 2024
RegTech 100 list 2024
WatersTechnology Asia Awards 2023
TradingTech Insight Awards 2023
TradingTech Insight Awards 2023
TradingTech Insight Awards 2023
RegTech Insight Europe Awards 2023
Waters Sell-side Technology Awards 2023
TradingTech Insight Awards Europe 2023
Trade Tech Insights Europe Awards 2023
GW Platt FX Tech Awards 2023
RegTech Insight Awards APAC 2022
Buy-Side Technology Awards 2022
FOW Asia Capital Markets Awards 2022
FOW Asia Capital Markets Awards 2022
WatersTechnology Asia Awards 2022
WatersTechnology Asia Awards 2022
FX Markets e-FX Awards 2022
TradingTech Insight USA Awards 2022
A-Team Innovation Awards 2021
TradingTech Insight Awards Europe 2022
RegTech Insight Awards Europe 2022
Markets Choice Awards 2022
GW Platt FX Tech Awards 2022
FOW International Awards 2021
FOW Asia Capital Markets 2021
A-Team Group TradingTech Insight USA Awards 2021
TradingTech Insight Europe Awards 2021
A-Team Group TradingTech Insight Europe Awards 2021
FOW International Awards 2020
FOW International Awards 2020
FOW International Awards 2020
FOW & Global Investor Asia Capital Markets Awards 2018
Water Rankings 2020
TradingTech Insight USA Awards 2020
FOW International Awards 2019
FX Week e-FX Awards 2019
TradingTech Insight North America Awards 2019
Waters Sell-side Technology Awards 2019
A-Team Group TradingTech Insight Europe Awards 2019
FOW International Awards 2018
CTA Intelligence European Services Awards 2018
A-Team Intelligent Trading Technology Awards 2018
A-Team Group RegTech Awards 2018
Markets Media Markets Choice Awards 2018
Markets Media Markets Choice Awards 2018
Markets Media Markets Choice Awards 2018
Intelligent Trading Technology (ITT) Awards 2018
CTA Intelligence US Services Awards 2018
Fund Technology & WSL Awards 2018
FOW International Awards 2017
Global Grain Awards 2017
FOW & Global Investor Asia Capital Markets Awards 2017
CTA Intelligence US Awards 2017
CTA Intelligence European Services Awards 2017
FOW & Global Investor Asia Capital Markets Awards 2017
Intelligent Trading Technology Awards 2017
Intelligent Trading Technology Awards 2017
Waters Sell-side Technology Awards 2017
Markets Media Markets Choice Awards 2017
FOW International Awards 2016
Waters Buy-Side Technology Awards 2016
FOW Awards for Asia 2016
Inside Market Data Awards 2016
Markets Media Markets Choice Awards 2016
Waters Sell-side Technology Awards 2016
HFM US Technology Awards 2016
FOW International Awards 2015
FOW International Awards 2015
FOW Awards for Asia 2015
Waters Rankings Awards 2015
Financial Technologies Forum 2015
The Asian Banker Financial Markets Awards 2015
Waters Sell-side Technology Awards 2015
The Asian Banker Financial Markets Awards 2015
The Asian Banker Financial Markets Awards 2015
FOW International Awards 2014
Financial News Awards for Excellence in Trading & Technology 2014
FOW Awards for Asia 2014
FOW International Awards 2013
The Compliance Register Platinum Awards 2013
FOW Awards for Asia 2013
Markets Media Markets’ Choice Awards 2013
Wall Street Letter Institutional Trading Awards 2013
FOW Awards 2012
The Compliance Register Platinum Awards 2012
Buy-Side Technology Awards 2012
Financial News Awards for Excellence in Trading & Technology Europe 2012
FOW Awards for Asia 2012
Wall Street Letter Institutional Trading Awards 2012
Buy-Side Technology Awards 2011
Financial News Awards for Excellence in Trading & Technology Europe 2011
Financial Sector Technology Awards 2011
Funds Europe Awards 2010
Banking Technology Awards 2010
Buy-Side Technology Awards 2010
Financial News Awards for Excellence in Trading & Technology Europe 2010
Inside Market Data Awards 2010
The Asian Banker Financial Markets Awards 2010
Buy-Side Technology Awards 2009
Buy-side Technology Awards 2010
Financial News Awards for IT Excellence 2009
Financial News Awards for IT Excellence 2009
Waters Magazine Readers' Rankings 2009
Finextra 2009
OStCaR Awards by the Academy of Compliance Excellence 2008
Buy-Side Technology Awards 2008
Buy-side Technology Awards 2008
Financial News Awards for IT Excellence 2008
TradeTech European Awards 2008
Waters Magazine Readers’ Rankings 2008
FOW’s Derivatives Award 2007
Financial-i Awards 2007
European Banking Technology Awards 2007
Buy-Side Technology Awards 2007
PLC Award 2007
Systems in the City Awards 2005
Sunday Times Tech Track 100 2004
Inside Market Data Industry Awards 2004
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