Trayport Opens Link to LCH.Clearnet for Automated Clearing
Trayport now supports real-time straight-through processing (STP) for over-the-counter (OTC) cleared markets available at LCH.Clearnet. This link is immediately available to allow STP on all existing Trayport broker systems for LCH.Clearnet OTC cleared markets.
OTC cleared trading plays an important role in the global commodities markets. The new clearing link connecting Trayport’s broker trading system to LCH.Clearnet’s clearway improves the OTC cleared trade workflow by allowing GCM position limits checking to facilitate a single click-to clear solution directly from Trayport trading screens to LCH.Clearnet.