Stellar is one of the first trading systems prepared to provide access to coincide with the launch of Eurodollar futures on March 21, 2011, and 2-year, 5-year and 10-year U.S. Treasury futures and U.S. Bond and Ultra Bond futures products on March 28, 2011. These products are available on Stellarâs full suite of industry leading trading applications including Quantum Server â the revolutionary server-based algorithmic engine, and will be cleared through New York Portfolio Clearing (NYPC), the innovative new clearinghouse jointly owned by NYSE Euronext and The Depository Trust & Clearing Corporation (DTCC). Stellar customers will now benefit from the combined value of trading on NYSE Liffe U.S. coupled with NYPCâs powerful âone-potâ margin methodology and streamlined delivery process.
âAs one of the only trading systems able to provide these products from launch, Stellar is able to offer a unique and highly competitive choice to our global market participants,â said Steve Thomas, managing director of Stellar Trading Systems.
âIn keeping with our goal of ensuring broad, efficient access for a diverse range of global market participants, we are pleased that Stellar has made their software available to customers since our first day of trading interest rate futures on NYSE Liffe U.S.,â said Lynn Martin, COO, NYSE Liffe U.S.