Platform IT FAQ

The Cleartrade platform is a revolutionary electronic trading platform that is customised for trading OTC commodity products. It is designed to be a reliable, user-friendly and easy-to-customise trading platform that will provide you with the ease of trading in your market niche.

The Cleartrade Platform is a fully integrated broking, trading and processing platform which provides the “plumbing" on which electronic trading of OTC commodity swaps can be built.

The Cleartrade platform consists of 4 key elements:

1.Trade execution platform and broker orderbook management

2.Block trading / deal registration

3.Direct STP link to participating clearing houses

4.Consolidated recap and risk management system

Access to the Cleartrade Platform is open to Inter-dealer brokers (IDBs) and clearing members of participating clearing houses. Usage of the platform is subject to membership and acceptance of an "electronic user agreement" at the point of installation.

The Cleartrade Platform can be used by IDBs as a fully functional "internal market" displaying prices and spreads among brokers on the desk and across multiple locations. Brokers can execute via open bids/offers or by registering pre-matched trades via the Cleartrade Exchange Block Trading Facility for OTC clearing.

Clearing members of the participating clearing houses have secure access to the clearing house's own credit filters, where each client can be given a credit limit and a maximum expiry date for contracts. Trades from the Cleartrade Platform flow through those filters for real time straight-through-processing.

Once executed on Cleartrade Exchange, each trade is automatically cleared in real time. No waiting, no manual approvals, no additional paperwork. Matched = Cleared.

To learn more about how you can use the Cleartrade Platform to your advantage, please contact us.