Traiana, a provider of post-trade solutions, announced that it is certified to provide real-time connectivity to IntercontinentalExchange (ICE). The addition of ICE to Traiana gives prime brokers, executing banks and buy-side firms access to every clearing house that has announced support for clearing of FX derivatives.
Traiana’s solution, Harmony CCP Connect, provides CCP connectivity, trade routing, affirmation, matching, allocation, and reporting for centrally cleared OTC FX options and non deliverable forwards (NDFs).
Gil Mandelzis, CEO of Traiana, said: “ICE is an important partner for Traiana and our customers. Adding ICE to the Harmony Network further extends our reach, lowering the costs and barriers to comply with the new regulations in FX.”
Tom Farley, president of ICE Futures in the US, said: “Traiana is working closely with us to deliver client clearing capability for the FX market to the prime brokerage firms and their clients. By extending our OTC clearing expertise into a third asset class, we are supporting our respective customers' ability to meet financial reform requirements.”
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