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Crystal Clear

Crystal Clear is designed to provide full STP between Front Office, Middle Office, Exchanges and Back Office on Listed Derivatives for Brokers and Clearers. CRYSTALCLEAR will help you cope with the ever increasing volumes of transactions and the need to get a clear and detailed picture of your business. Its Java architecture, multi-platform and multi

  • Editorial Team
  • May 12, 2021
  • 2 minutes

Crystal Clear is designed to provide full STP between Front Office, Middle Office, Exchanges and Back Office on Listed Derivatives for Brokers and Clearers.

CRYSTALCLEAR will help you cope with the ever increasing volumes of transactions and the need to get a clear and detailed picture of your business. Its Java architecture, multi-platform and multi database will ensure to get the best of current technology to improve the efficiency of your service, reduce costs and thereby achieve a rapid return on investment.

 
CLEARING FUNCTIONALITIES:
  • Matching rules with ability to define very complex mechanism:  by NCM, Traders, Messages, exchanges specific criteria…
  • Quick input of client executed orders via Order Book.
  • Real time automatic matching between client orders and exchange trade legs.
  • Quick account allocations directly on exchange trades (single or multiple).
  • Splits and complex allocations.
  • Splits Automatic CTA’s management via emails or files (Ascii, Excel, …).
  • Open-Close management, moving allocation between House, Seg/Non seg accounts, Position transfers, cancel clearing instructions.
  • Give-up, revoke Give-up before counterparty acceptance, automatic Give-in acceptance, Give-in handling (accept / reject), trade reversal.
  • Additional trade management of Kerbs and Average Pricing facility.
  • Strategies handling
  • Automatic Clients/Offices Confirmations via emails when Allocations are processed.