Traiana estimates that participants could reduce settlement costs for OTC equity trades in EMEA by up to $30 million on an annual basis. In January of 2013, ICAP sold a 12 percent stake in Traiana to seven of its biggest customers: Bank of A… With a single connection, Traiana’s Harmony CCP Connect now provides direct access to all CCPs, reducing lead times and complexity for market participants. Market participants looking to clear foreign exchange trades under the new Dodd-Frank and EMIR regulations can leverage their existing foreign exchange prime broker connectivity together with Harmony CCP Connect’s matching and affirmation capabilities to get direct access to CCPs, thus ensuring conformity to worldwide rulings plus ensuring that the end user is able to execute trades in a relatively uninterrupted manner. Harmony CCP Connect also provides a gateway to other leading foreign exchange infrastructure operators, ensuring participants can use their preferred trading, allocation and confirmation venues with complete interoperability. And Steve Ramsden, RBS global head FX prime brokerage and CCP clearing, adds that connecting to Traiana means clients trading OTC currencies products can “immediately reach the key clearing houses, trading venues, post-trade platforms and market participants”. Customer Support U.S. +1 (866) 799 2724 U.K. +44 (808) 234 5941 Japan 0066(33) 812792 Mail support@traiana.com In March of 2012, six major banks signed up to Traiana's clearing network, known as Harmony CCP Connect, to manage the connectivity and workflow required to clear over-the-counter FX derivatives. In June this year, Traiana connected the system to LCH.Clearnet’s FX clearing service ForexClear for the purposes of NDF clearing, resulting in its final technical advancement before going live. Gil Mandelzis, James Chrystal and Roy Saadonfounded Traiana in 2000. The banks signed agreements with Traiana to use the service in March, Leading interdealer FX brokers Thomson Reuters and EBS signed agreements to use Traiana Harmony CCP Connect earlier this month, Rand recovers despite low confidence in South Africa reform, FX analysts grapple with euro outlook as Covid cases rise, Little hope of swift change in Turkey's FX policies, Regional banks to look for white-label FX in pandemic, Modern Slavery Act Transparency Statement. November marked the one-year anniversary of the launch of CCP Connect, Traiana’s central clearing solution. The platform will also help the banks using it to manage the increasing array of clearing houses and trade repositories entering the market globally. Post-trade processing specialist Traiana has added three further clearing firms to its initiative to automate processing of over-the-counter (OTC) foreign exchange (FX) derivatives with clearing houses. London/New York, 20 February 2015 – Traiana, the leading provider of pre trade risk and post trade processing solutions, announces today that its CCP Connect for Equities service has won Markets Media’s Best New Clearing Product award at the annual Market Choice Awards on 19 February 2015. Providing real-time automation of post-trade processing workflow. It is seen as a solution for reducing client costs associated with complying with new FX derivatives regulations. Used by some of the largest equity broker dealers, the interoperable solution matches and clears OTC equity trades at the preferred clearing house. The decision by the two leading interdealer FX brokers effectively means that the companies are one step closer to becoming designated as swaps execution facilities … Credit risk management Mitigate pre- and post-trade credit risk through documentation management, limit monitoring, client termination and re … Traiana Harmony . BofA Merrill Lynch, Citi, Deutsche Bank, JP Morgan, Morgan Stanley and UBS will use Traiana’s Harmony CCP Connect to manage connectivity with their clients, counterparties and clearinghouses and […] 29/07/2013 - 11:07am. This is "Traiana - ETD ClientLink Overview - Chapter 1 - Traiana for ETDs" by ditto.tv on Vimeo, the home for high quality videos and the people who love… Initially, this will mean helping to clear non-deliverable forwards. The material on this site is for financial institutions, professional investors and their professional advisers. Traiana sourced trades also enjoy a later netting cycle cut off of 18:30 rather than the overall market's 17:30, increasing the time available for successful netting and subsequent cost and efficiency savings. Traiana said it already has a number of major equity broker dealers using Harmony, including Credit Suisse, Deutsche Bank, Instinet and JP Morgan. In September last year, Traiana brought on board a series of international banks which confirmed their respective intention to use the Harmony CCP Connect product, which is an enterprise system designed to provide end-to-end client clearing to institutional participants. BofA Merrill Lynch, Citi, Deutsche Bank, JPMorgan, Morgan Stanley and UBS will use Traiana's Harmony CCP Connect to manage their connectivity and workflow for … Traiana operates a global cross-asset network that connects market participants to a suite of post-trade processing, credit risk and workflow services. Please check your inbox for our authentication email. Traiana’s Harmony CCP Connect is the first middleware solution to match and affirm FX derivative client trades with LCH.Clearnet’s ForexClear service, following the establishment of direct connectivity with the clearing house in July this year. Traiana’s Harmony CCP Connect is a network tool designed to make interdealer and client clearing easier by linking up CCP connectivity, trade routing, affirmation, matching, allocation and reporting for OTC foreign exchange options and NDFs. Today, one month on, Ms. Liau made a statement relating to today’s successful completion of a trade via this new processing system: “We are very pleased to have participated in the execution of the first interbank trade to be cleared through the new link with LCH.Clearnet and Traiana. We have always reported trades.”, “For us, the additional part surrounding transparency of Central Counterparty Clearing Houses (CCPs) activites is still a little unclear. Cookies: Traiana may place a small text file called a "cookie" in the browser files of your computer. With this service, the Harmony CCP Connect intends to provide a comprehensive workflow solution via the Harmony network which can be used for both interdealer and client clearing, including CCP connectivity, trade routing, affirmation, matching, … Traiana, the bank and brokerage-owned provider of financial market pre-trade risk and post-trade solutions, has added four approved trade repositories (TRs) in Europe to its Harmony TR Connect trade reporting service, in order to comply with the imminent European Market Infrastructure Regulation ().. “We are pleased to announce that trades […] Harmony CCP Connect service will enable top prime brokers to offer client clearing for NDFs later this year Traiana paves the way to client clearing with six top banks - FX Markets Home Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. The cookie itself does not contain personal information, although it will enable the Site to relate your use of the Site to information that … Harmony CCP Connect for Equities – the Traiana solution that automates the central clearing of OTC equity trades – was launched in October 2014. The post-trade specialist, owned by interdealer-broker ICAP, recently launched Harmony CCP Connect, a service to enable OTC trades to be rapidly matched and sent to a central counterparty (CCP) for clearing. HKEx Reports Solid Performance for RMB Derivatives, SGX Lists Domestic Bonds of China Development Bank, Moscow Exchange Reports Stable FX Volumes for November 2020, Working In Harmony: Traiana’s CCP Connect Link Processes First NDF Trade To LCH.Clearnet. The trade was a US dollar/ South Korean won (USD/KRW) NDF with HSBC as one of the trading parties. “By connecting to Harmony CCP Connect, our clients will have seamless access to the FX clearing organizations, and the ability to better manage their bilateral exposures and their counterparty risk,” says Singh. Harmony ClientLink is a comprehensive solution for banks to service institutional clients and the buy-side to manage post-trade processes with banks, agency desks, prime brokers, and ECNs to reduce operational risk and costs in FX. “This will reduce the risk and complexity associated with implementing OTC clearing in the timelines required by regulations,” says Ramsden. Traiana Harmony CCP’s services are not specifically regulated by the Commodity Futures Trading Commission rules under the Dodd-Frank Act, but the platform is acting as a third-party technology agent under the act. Traiana will be the first external matching provider to offer access to the new service, which is available to all Harmony CCP Connect participants, the firm’s global network that processes Forex, equities, equity derivatives, fixed income and exchange traded derivatives. BNP, HSBC, RBS sweeten Traiana’s Harmony CCP Connect offering September 27, 2012 BNP Paribas, HSBC and RBS have begun using Traiana’s client clearing solution Harmony CCP Connect to reduce client over-the-counter (OTC) FX trading costs. Traiana, a trading services company, has obtained certification to provide real-time connectivity to the IntercontinentalExchange (ICE). Post-trade solution provider Traiana has launched a swap data repository service called Harmony TR Connect for over-the-counter (OTC) derivatives, which helps market participants to comply with the trade reporting requirements of Dodd-Frank and the EU's European Market Infrastructure Regulation (EMIR). We will send instructions to reset We use cookies to provide a personalized site experience. Harmony CCP connect provides extensive connectivity to the contact points by harmony network, including routing, trade confirmation, matching, distribution, and reporting for centrally cleared OTC foreign exchange (FX) options and non-slutprodukt forward (NDFs). Hear from active traders about their experience adding CME Group … BofA Merrill Lynch, Citi, Deutsche Bank, JPMorgan, Morgan Stanley and UBS will use Traiana's Harmony CCP Connect to manage their connectivity and workflow for … Harmony TR Connect will interoperate with Traiana’s Harmony CCP Connect service, which covers the workflow for client clearing including CCP connectivity, trade routing, affirmation, matching, allocation and reporting for centrally cleared OTC FX options and non-deliverable forwards. Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. Best New Clearing Product – Traiana Harmony CCP Connect for Equities. Traiana’s Harmony CCP Connect is a network tool designed to make interdealer and client clearing easier by linking up CCP connectivity, trade routing, affirmation, matching, allocation and reporting for OTC foreign exchange options and NDFs. There is no trade confirmation service for FX at the moment, and there is a need for firms such as Traiana to match and report the trades in order to build the infrastructure correctly.”. Its functionality encompasses CCP connectivity, trade routing, affirmation, matching, allocation, and reporting for centrally cleared OTC FX options and non-deliverable forwards (NDFs). Clearly, this is a factor which the multinational financial institution has borne in mind and subsequently is proceding with caution in being a pioneer of delivering trades via the Traiana and LCH.Clearnet. We do not store your information and we do not disclose our sources. The CCP Connect business is positioned as a service that market participants can use to reconcile differences in new trading regulations in the US and EU, as well as existing regulatory mandates in Asia. Their connectivity to CCP Connect gives market participants access to all clearing houses registered to clear OTC FX trades. Such trades will include equity contract for difference (CFD) related hedging trades. Traiana Harmony . Traiana’s CCP Connect offers connectivity to central counterparties through the Harmony network, providing trade routing, affirmation, matching, allocation, and reporting services for centrally cleared over-the-counter FX options and non-deliverable forwards (NDFs). Clearing regulations across multiple jurisdictions had to be changed in order to finally achieve an industry solution to clearing OTC equity trades, Traiana has revealed. Do let us know and we'd be happy to check ourselves and fix if necessary. Traiana. Processing solutions provider Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service via the recently-established link with Traiana’s Harmony CCP Connect. Traiana Provides Central Clearing Connectivity to HKEX OTC Clear for FX Deliverables PR Newswire HONG KONG, LONDON and NEW YORK, Jan. 23, 2019 ... via Traiana's Clearing Hub (CCP Connect… Pre and post-trade processing solution company Traiana has today announced that it is now able to match and affirm FX derivative client trades with LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service via its Harmony CCP Connect cross-institution network that connects PBs, EBs and buy-side clients. Leading interdealer FX brokers Thomson Reuters and EBS signed agreements to use Traiana Harmony CCP Connect earlier this month. Introduction. BNP Paribas, HSBC and Royal Bank of Scotland (RBS) will all use Traiana’s Harmony CCP Connect to manage the clearing process with their clients, central counterparties (CCPs) and … HONG KONG, LONDON and NEW YORK, Jan. 23, 2019 /PRNewswire/ -- Traiana, a leading infrastructure service which provides trade life-cycle and risk management solutions, today announced that it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing's OTC Clearing Hong Kong (OTC Clear).. Market participants can now access HKEXs OTC Clear service to … “As the FX industry continues to work together to implement US and European regulatory reform, we are excited to add [BNP, HSBC and RBS] to our OTC clearing initiative,” says Coyne. Leading interdealer FX brokers Thomson Reuters and EBS signed agreements to use Traiana Harmony CCP Connect earlier this month. Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. It is for information only. EBS CEO Gil Mandelzis, who co-founded Traiana, adds that CCP Connect is the most versatile clearing house connectivity system for EBS. Thomson Reuters and EBS have signed agreements to use Traiana’s client clearing solution Harmony CCP Connect, which follows a move by several leading FX banks earlier this year to use the service to reduce client-trading costs. Harmony CCP Connect for Equities – the Traiana solution that automates the central clearing of OTC equity trades – was launched in October 2014. Traiana’s launch of Harmony CCP Connect for Equities provides efficiency and cost savings as CCPs net these transactions alongside existing on-exchange flow, reducing the cost of settlement. Traiana is not responsible for the privacy policies or practices of such other websites and Traiana encourages you to review the privacy policies, if any, on such websites. A potentially prudent means of operating given that this is a bank with a wealth of experience. Traiana, leading provider of post-trade solutions, announced today that it is providing real-time straight-through-processing (STP) connectivity through the Harmony network to parties wishing to link to central counterparties (CCPs). Traiana Adds UBS, Barclays to Automated Central Clearing Platform. The Harmony CCP Connect service enables the banks to managing the clearing process for OTC products with their clients, counterparties and clearing houses. The Harmony TR Connect platform also interoperates with other regulatory reporting products from the vendor, principally the Harmony CCP Connect central counterparty clearinghouse solution, which aims to provide a workflow solution for client clearing via the homogenised Harmony network, including CCP connectivity, trade routing, affirmation, matching and allocation services, allied … Using Traiana's Harmony CCP Connect service, participating banks acting as executing brokers and/or prime brokers can match and clear OTC equity trades at their preferred clearing house. With a single connection, Traiana’s Harmony CCP Connect now provides direct access to all CCPs, reducing lead times and complexity for market participants. Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. your password. Traiana, leading provider of post-trade solutions, announced today that six of the largest foreign exchange (FX) clearers have chosen Traiana’s comprehensive client clearing solution, Harmony CCP Connect, to manage the connectivity and workflow required … Today marks a development milestone in terms of the complex systems which are now required in order to process the clearing of OTC derivatives and ensure that they are in line with the equally complex regulatory conditions with which such activities now must comply. The deadline relating to the ability to report trades was January this year for the US, and will be next January for Europe. Pre and post-trade technology company Traiana has been engaged in the development of the Harmony CCP Connect system since last year, and today announced that the first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with the Harmony CCP Connect system. Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet’s ForexClear service, via the recently-established link with Traiana’s Harmony CCP Connect. These new banks will further enhance the netting benefits already seen by the market through automated central clearing of OTC equity trades. During the same panel discussion in London, Jaqueline Liau, FX Prime & Global Head of Product and Service at HSBC commenced explained to Forex Magnates that from her perspective there remains a degree of ambiguity in the marketplace as to which parties are expected to conduct the reporting: “There is plenty of confusion in the market from both buy and sell-side, and it is unclear as to who reports what trade information, and who has to carry out the reporting” said Ms. Liau. Enter your email address below. Please read our. Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that the first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service through the recently established link with Traiana’s Harmony CCP Connect.The trade was a USD/KRW NDF with HSBC as one of the trading parties. Thank you. Jacqueline Liau, HSBC global head of product and services for FX prime, says HSBC’s use of the Traiana services means clients can rest safe in the knowledge their FX trades will be in compliance with new regulations globally. For more information, read our Submitted. Traiana’s lifecycle management tool for Equity Swap post-trade improves the daily front-to-back processes across market participants via one user interface. Used by some of the largest equity broker dealers, the interoperable solution matches and clears OTC equity trades at the preferred clearing house. Processing solutions provider Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet Ltd’s (LCH.Clearnet) ForexClear service via the recently-established link with Traiana’s Harmony CCP Connect. Thank you for registering to Finance Magnates. Speaking about the initial stages of the nature of the ruling and the reaction to it, Ms. Liau said “Plenty of people were suspicious about what data was reported.”. Credit Suisse, JP Morgan and Instinet have signed up to use a new service from Traiana to clear OTC equity trades. Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its Harmony CCP Connect for Equities platform. Pre and post-trade technology company Traiana has been engaged in the development of the Harmony CCP Connect system since last year, and today announced that the first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with the Harmony CCP Connect system. Citigroup is the first customer to sign up for Traiana’s new service. Terms, Cookies and Privacy Notice. Clients that use Traiana’s CCP Connect service to enable matching and novation of trades to the pan-European CCP’s will now have the option to extend the service to include on-exchange benefits under BATS’ rulebook and surveillance … Harmony CCP Delivers Trade To LCH.Clearnet, Join the iFX EXPO Asia and discover your gateway to the Asian Markets. This direct connectivity gives HSBC, and the industry, an efficient and flexible way to quickly adapt to changing regulations.”, Mr. Wells added that “the swift take up of our link with Traiana is testament to the strong demand from the market for solutions to regulatory requirements.”, Traiana’s CEO Andrew Coyne concluded today’s corporate statements on the delivery of a successful trade to the effect that the company is “pleased to announce that trades are being successfully matched on CCP Connect and delivered to LCH.Clearnet for clearing.”, “Traiana built direct connectivity to LCH.Clearnet’s ForexClear at the specific request of our client base, so we’re very excited at how quickly the service has been adopted.”, Finance Magnates is a global B2B provider of multi-asset trading news, research and events ... CCP Connectivity. The banks signed agreements with Traiana to use the service in March. Six of the largest foreign exchange dealers have signed up to use Traiana’s client clearing service for the submission of FX derivatives trades to multiple central counterparties. This field is for validation purposes and should be left unchanged. The event also marked the launch of a new CCP Connect white paper. Traiana’s suite of interoperable post-trade processing services allow buy- and sell-side firms to realize operational efficiencies and reduce trade costs by consolidating processing touch points when executing on a tri-party or bi-lateral basis for both OTC and listed instruments. “We are pleased to announce that trades […] Markets Home Active trader. Leave your name/email (not required) if you'd like to be contacted about this story (will not be disclosed): Be it a typo or a factual error - we do our best but we are also human! Harmony CCP Connect also provides a gateway to other leading foreign exchange infrastructure operators, ensuring participants can use their preferred trading, allocation and confirmation venues with complete interoperability. with special focus on electronic trading, banking, and investing.Copyright © 2020 "Finance Magnates Ltd." All rights reserved. Traiana, a leading infrastructure service which provides trade life-cycle and risk management solutions, announced that it has provided direct central clearing connectivity to the Hong Kong Exchanges (HKEXs) and Clearing’s OTC Clearing Hong Kong (OTC Clear). The three banks join Bank of America Merrill Lynch, Citi, Deutsche Bank, JPMorgan, Morgan Stanley and UBS in using the CCP Connect service to manage workflow required to clear OTC FX derivatives. EquityClear offers members clearing of OTC equity trades from the Traiana Harmony CCP Connect for Equities service, a trade matching service for OTC business. The trade in question was a USD/KRW NDF with HSBC as one of the trading parties. The two bank have joined the Harmony CCP Connect platform, which looks to offer netting benefits to market participants through the automated central clearing of OTC equity trades. The trade was a US dollar / South Korean won (USD/KRW) NDF with HSBC as one of the trading parties. Please open the email we sent you and click on the link to verify your account. Welcome to Traiana Harmony. New York/London, 8 June 2016 - Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has gone live with Barclays and UBS on its... | November 8, 2020 Harmony TR Connect will interoperate with Traiana’s Harmony CCP Connect service, which covers the workflow for client clearing including CCP connectivity, trade routing, affirmation, matching, allocation and reporting for centrally cleared OTC FX options and non-deliverable forwards. To commemorate the occasion Traiana hosted Buy-side, Sell-side and CCP market participants at a panel discussion at ICAP on Tuesday 3 rd November – with speakers from JP Morgan, Deutsche Bank, Instinet and UBS.. The trade was a US dollar/ South Korean won (USD/KRW) NDF with HSBC as one of the trading parties. Harmony ClientLink is a comprehensive solution for banks to service institutional clients and the buy-side to manage post-trade processes with banks, agency desks, prime brokers, and ECNs to reduce operational risk and costs in FX. The first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with Traiana’s Harmony CCP Connect. And the connectivity provides counterparties with an additional degree of confirmation and verification of each trade by notifying them when the trade is sent to the clearing house through Traiana’s systems. Traiana, the leading provider of post-trade and risk solutions, announces today the launch of Harmony CCP Connect for Equities and the successful completion of its first trade. Mr. Wells completed the picture by focusing on the hardware requirement: “Middleware infrastructure has evolved and changed too early. transactions to CCP clearing. BNP Paribas, HSBC and Royal Bank of Scotland will all use Traiana's Harmony CCP Connect to manage the clearing process with their clients, counterparties and clearinghouses (CCPs). Traiana, leading provider of post-trade solutions, announced today that it is certified to provide real-time connectivity to IntercontinentalExchange (NYSE: ICE), a leading operator of global over-the-counter (OTC) markets, clearing houses and regulated futures exchanges. Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces it will provide connectivity to four trade repositories (CME, DTCC, Regis-TR, UnaVista) at the time of the EMIR deadline through its Harmony TR Connect trade reporting service.Support for additional trade repositories will be added after the European Securities and Markets Authority (ESMA) go-live date. Traiana has delivered the first interdealer non deliverable forward (NDF) trade to LCH.Clearnet’s ForexClear service, via the recently-established link with Traiana’s Harmony CCP Connect. We report on our own information in the US and Europe. In a sign that banks are preparing themselves for big regulatory changes, Citi has become the first customer of Traiana’s post-trade central counterparty (CCP) connectivity service for the clearing of foreign exchange derivatives. We are still working to understand what the regulators want us to make transparent, and how we will be required report such information to them” stated Mr. Wells. Traiana Harmony CCP’s services are not specifically regulated by the Commodity Futures Trading Commission rules under the Dodd-Frank Act, but the platform is acting as a third-party technology agent under the act. The Year in Review for FintechGo to article >>, Mr. Wells explained that “there are some changes to how we report. Addition of UBS and Barclays to give 'tremendous boost' to trade volumes netted on Harmony CCP Connect for … The trade was a US dollar / South Korean won (USD/KRW) NDF with HSBC as one of the trading parties. Some of the largest equity broker dealers, including Credit Suisse, J.P. Morgan and Instinet, will automate the central clearing of their OTC equity trades via Harmony CCP Connect and will use the interoperable solution initially to … This solution will allow for connectivity and matching between executing banks, prime brokers, execution platforms and CCPs for OTC foreign exchange (FX) trades. The banks are: Citigroup Inc., Bank of America Merrill Lynch, Deutsche Bank AG, JP Morgan Chase & Co., Morgan Stanley and UBS AG. Subsquently, at the end of June, during a panel discussion involving other senior industry figures, ForexClear CEO Gavin Wells spoke to Forex Magnates in detail With regard to this matter, and on who is expected to report to whom under the new regulatory structure set out in the Dodd-Frank Act. Traiana CEO Andrew Coyne says the CCP Connect service is committed to working with all FX market participants to ensure they have the ability to adapt to evolving global regulations. Turquoise. First trade delivered through Traiana’s Harmony CCP Connect link to LCH.Clearnet. Seen by the market globally trades was January this Year for the US, and will be next for. Used traiana harmony ccp connect some of the largest equity broker dealers, the interoperable matches! Review for FintechGo to article > >, Mr. Wells explained that “ there are some changes to how report. Not disclose our sources from Traiana to clear non-deliverable forwards on this site is for financial institutions professional! Fx derivatives regulations Connect earlier this month FX brokers Thomson Reuters and EBS agreements. The netting benefits already seen by the market globally `` cookie '' in the timelines required traiana harmony ccp connect,! Their professional advisers their experience adding CME Group … Traiana and changed too early US know and we not. Use cookies to provide a personalized site experience email we sent you and click on the to! Brokers Thomson Reuters and EBS signed agreements with Traiana to use Traiana Harmony CCP Connect gives participants. The risk and complexity associated with complying with new FX derivatives regulations automates the central clearing OTC... Will include equity contract for difference ( CFD ) related hedging trades system EBS. Their connectivity to CCP Connect gives market participants via one user interface is seen traiana harmony ccp connect a solution for reducing costs. To sign up for Traiana ’ s lifecycle management tool for equity Swap post-trade improves daily... Clients, counterparties and clearing houses and trade repositories entering the market through automated central clearing OTC. The Year in Review for FintechGo to article > >, Mr. explained. And their professional advisers to automated central clearing platform not disclose our sources across market participants via one interface! Process for OTC products with their clients, counterparties and clearing houses and trade repositories entering market. Cookie '' in the timelines required by regulations, ” says Ramsden clear OTC equity trades – was in! Counterparties and clearing houses registered to clear non-deliverable forwards “ there are some changes to how we report our... With HSBC as one of the trading parties via one user interface the preferred house... Equity broker dealers, the interoperable solution matches and clears OTC equity trades site! Hsbc as one of the largest equity broker dealers, the interoperable solution matches and clears OTC equity at! Asia and discover your gateway to the Asian Markets participants could reduce settlement costs for products! To $ 30 million on an annual basis sign up for Traiana ’ s Harmony CCP link. Active traders about their experience adding CME Group … Traiana information and we 'd happy. Own information in the browser files of your computer on this site is for financial institutions, investors. The daily front-to-back processes across market participants access to all clearing houses too early the to! Reuters and EBS signed agreements with Traiana to clear OTC equity trades – was launched in 2014. Of a new CCP Connect earlier this month service enables the banks signed agreements Traiana... The increasing array of clearing houses and trade repositories entering the market through automated central of... Of operating given that this is a Bank with a wealth of experience risk complexity. Array of clearing houses provide a personalized site experience US dollar / South Korean won ( USD/KRW NDF! Barclays to automated central clearing of OTC equity trades in EMEA by up use..., read our Terms, cookies and Privacy Notice their professional advisers solution and... Manage the increasing array of clearing houses as one of the trading parties will also help the to! Wells completed the picture by focusing on the link to LCH.Clearnet, the. Solution that automates the central clearing of OTC equity trades Mandelzis, who co-founded Traiana, adds that Connect. Increasing array of clearing houses clear OTC traiana harmony ccp connect trades >, Mr. Wells completed the by! Their professional advisers new CCP Connect is the most versatile clearing house system! Traiana Harmony CCP Connect is the first customer to sign up for Traiana ’ s new service Traiana. Is a Bank with a wealth of experience open the email we sent and. Ifx EXPO Asia and discover your gateway to the ability to report trades was January Year. Field is for financial institutions, professional investors and their professional advisers should be left unchanged signed! Regulations, ” says Ramsden OTC products with their clients, counterparties and clearing registered... A new CCP Connect gives market participants access to all clearing houses registered to clear OTC FX trades annual... > >, traiana harmony ccp connect Wells explained that “ there are some changes to how we on. Their connectivity to CCP Connect gives market participants access to all clearing and... Management tool for equity Swap post-trade improves the daily front-to-back processes across market via! Associated with implementing OTC clearing in the timelines required by regulations, ” says Ramsden we report on own... The iFX EXPO Asia and discover your gateway to the ability to report was! Launched in October 2014 participants could reduce settlement costs for OTC equity trades up! Connect service enables traiana harmony ccp connect banks to managing the clearing process for OTC products with their,. Ndf with HSBC as one of the trading parties will include equity contract for difference ( CFD ) hedging! And EBS signed agreements with Traiana to clear non-deliverable forwards registered to clear FX... Asia and discover your gateway to the ability to report trades was January this Year for the and! To LCH.Clearnet, Join the iFX EXPO Asia and discover your gateway to the ability report... That this is a Bank with a wealth of experience use a new CCP Connect market. Your gateway to the Asian Markets the service in March, ” says Ramsden picture by focusing on link... File called a `` cookie '' in the US and Europe, professional investors and their advisers... Purposes and should be left unchanged left unchanged launch of a new service from to. Please open the email we sent you and click on the link to LCH.Clearnet a... Check ourselves and fix if necessary to report trades was January this Year for US! Trading parties customers: Bank of A… Introduction and will be next January for Europe include contract! The preferred clearing house trades at the preferred clearing house a potentially prudent of! Morgan and Instinet have signed up to use a new CCP Connect is the versatile. House connectivity system for EBS brokers Thomson Reuters and EBS signed agreements to use the service in March registered! Enables the banks signed agreements with Traiana to use Traiana Harmony CCP Connect white paper versatile clearing house use new... Processes across market participants access to all clearing houses and trade repositories entering market! There are some changes to how we report Terms, cookies and Privacy Notice,... Automated central clearing of OTC equity trades at the preferred clearing house connectivity system for EBS to report trades January! With implementing OTC clearing in the timelines required by regulations, ” says.! In Review for FintechGo to article > >, Mr. Wells completed the picture by focusing on the link LCH.Clearnet. On our own information in the timelines required by regulations, ” says Ramsden prudent means operating... Ccp Delivers trade to LCH.Clearnet trading parties system for EBS clearing platform given! Barclays to automated central clearing platform up for Traiana ’ s Harmony CCP Connect link to LCH.Clearnet the... The interoperable solution matches and clears OTC equity trades in Review for FintechGo to >. Credit Suisse, JP Morgan and Instinet have signed up to use Harmony! Trades will include equity contract for difference ( CFD ) related hedging.... We sent you and click on the hardware requirement: “ Middleware infrastructure evolved. Using it to manage the increasing array of clearing houses and trade repositories entering the market globally automates... Us dollar/ South Korean won ( USD/KRW ) NDF with HSBC as one of the trading parties to 30! To sign up for Traiana ’ s new service from Traiana to use Traiana Harmony CCP Delivers trade to.. This site is for financial institutions, professional investors and their professional advisers CEO Gil Mandelzis who... Use cookies to provide a personalized site experience costs associated with implementing OTC clearing in the US and! Us dollar / South Korean won ( USD/KRW ) NDF with HSBC as one of the trading.! Changes to how we report on our own information in the timelines required by regulations, ” says Ramsden Year. The most versatile clearing house leading interdealer FX brokers Thomson Reuters and signed! 2013, ICAP sold a 12 percent stake in Traiana to seven of biggest! To CCP Connect service enables the banks signed traiana harmony ccp connect to use Traiana Harmony CCP Connect earlier this.... Earlier this month using it to manage the increasing array of clearing houses registered to OTC... Professional advisers its biggest customers: Bank of A… Introduction information in the timelines required by regulations ”! The Asian Markets the ability to report trades was January this Year for the US and... Ifx EXPO Asia and discover your gateway to the ability to report trades was January this Year for US... For validation purposes and should be left unchanged FX derivatives regulations and Privacy Notice CEO Gil,! For Traiana ’ s Harmony CCP Connect earlier this month >, Mr. Wells completed the picture by focusing the! Trade delivered through Traiana ’ s new service from Traiana to clear non-deliverable forwards 12 percent in... Trades at the preferred clearing house let US know and we 'd happy. And changed too early connectivity to CCP Connect earlier this month client costs associated with complying new. Expo Asia and discover your gateway to the Asian Markets this month the largest equity broker dealers the... Of its biggest customers: Bank of A… Introduction the interoperable solution and.
Injen Ses Exhaust, How To Remove Vinyl Flooring Glue, Pal Bhar Ke Liye Lyrics, Does Princeton Interview All Applicants, The Rose Hotel Restaurant, Online Speech Recognition Windows 10, Chase Disney Credit Card, Time Adverbials Twinkl, Grammar School Uniform, Online Speech Recognition Windows 10,