FOi - Futures and Options Intelligence


FOi TechNews: Trayport will serve ClearPort 25 Feb 2010

Trayport connects to ClearPort Trayport, the commodity trading software provider owned by GFI Group, will offer access to CME Group’s ClearPort clearing system for over the counter derivatives.Trayport’s GlobalVision platform will handle OTC products including contracts for oil, carbon emissions, freight carriage, power and natural gas. This brings the number of clearing systems accessible via GlobalVision to three, the other two being LCH.Clearnet and Norway’s NOS.Trayport’s head of broker trading systems Dan Smith said in a statement: “This is another important step in providing our clients with straight-through OTC clearing capabilities. “This new functionality provides automated two way communication with CME ClearPort, giving...