Clearing Gateway
A managed gateway to EEX/ECC providing a complete STP clearing solution that can be accessed directly from your own systems.
Highlights
- Manages communication between the execution platforms and EEX/ECC, including the network infrastructure.
- Maps trade details into the fields and values required by the clearing house and sends them through the appropriate messaging system.
- Communicates status updates from EEX/ECC back to the execution platforms, their users and operational administrators.
Features
- Connectivity — centralised communication links directly into the EEX/ECC network.
- Validation — price ranges, lot-size checks and conversions, correct account usage and a deposit-limit checker.
- Transactional strips — support multiple contracts (e.g. strips) in a single transaction, where the clearing house does not.
- Queuing — manage out-of-hours trades or connection downtime.
- Optimisation — alter contract submissions to minimise fees where possible.
- Control — feedback and alerts for problems and rejections, including hooks for third-party back-office applications.
- Audit trail — a log of all actions and messages from registration through to the clearing-house response.
Interested in Clearing Gateway?