We are pleased to announce that the CME Group has awarded Sky Road membership in it’s OTC Connectivity Partner Program for Rates.
Quoting from the CME partner website, the program’s goal is to:
Provide the OTC trading community with a resource for identifying and assessing trading platforms that provide or host direct connectivity to CME ClearPort for the efficient clearing of OTC derivative transactions. Additionally, the program allows OTC traders to identify platforms that provide users with efficient, integrated access to related CME Group products and services, such as futures markets and related analytic tools.
The CME connectivity platform is fully integrated in Swap Trader, our trading front end that spans execution, order management, portfolio analytics, risk and post-trade processing for the Rates complex. This functionality allows clients of Swap Trader to reap the operational benefits of STP throughout their OTC trade lifecycle.
With the certification currently in Rates, we are working to add CDS and FX enabling clients to gain the STP efficiencies as more of their trading volumes move to cleared derivatives.
Contact us to schedule a demo.