ION connects to FMX Futures Exchange 23 October 2024UK Reporter: Clelia Frondaroli
Image: jamesteohart/stock.adobe.com
ION has connected to the FMX Futures Exchange, after its launch on 23 September 2024.
ION’s clients will now be able to trade on the exchange using the company's range of execution and post-trade product solutions. ION currently supports FMX across all of its cleared derivatives front, middle and back office platforms and this new connectivity facilitates the path to advanced execution capabilities for banks and financial brokers.
President of FMX Futures Exchange, Robert Allen, announces: “We are pleased ION has connected to the FMX Futures Exchange. The combination of the FMX Futures Exchange with LCH will provide clients with choice, innovative execution technology, and potentially significant cross-margin capabilities.”
Francesco Margini, chief product officer for cleared derivatives at ION Markets, adds: “The joint effort with FMX Futures Exchange demonstrates once again the effectiveness of ION’s front-to-back product strategy: the powerful combination of modern, integrated solutions across execution and clearing removes the technical barriers often hindering market participation.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: jamesteohart/stock.adobe.com 