fmxExchangeConnect - Straight through Processing For Energy Products

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Straight through Processing For Energy Products

June 3 2010, 11:12

FMX | Connect – www.fmxconnect.com - (Reported 6/03/2010)

The CME Cleared Trades Application Programming Interface (API) feeds real-time cleared trades directly into your risk systems. It also enables you to see your positions across all Exchange venues:

CME Globex (GLBX)
CME ClearPort (CPC)
NYMEX Energy Trading Floor (NXPIT)

Benefits of Straight-Through Processing (STP)

No need for manual re-entry.
Increased operational efficiency with real-time confirmations.
Security and confidentiality. Data transmitted via HTTPS secure connection.

How To Enable STP
You have two options:

Write to the CME Cleared Trades API directly.
OR
Use a third-party vendor. The following third party vendors have certified to the CME Cleared Trades API and are capable of direct STP from the exchange.
Amphora, EPAM, Ion Trading (Rolfe and Nolan), SunGard Stream Clearvision, SunGard Kiodex, TradeCapture OTC, Triple Point Technology and WTD Consulting.

Source: CME

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