Key Benefits
- Automated trade-matching and confirmation messaging
- Four-eye approval manual release option for user flexibility on unmatched trades
- Real-time matching engine
- Exception-based processing
- Easy-to-read trade status dashboard
- Customizable execution reports through our Dynamic Data Portal
- Post-trade reporting including mark-to-market, net position and outstanding position report
- Full audit trail
- Locally-managed SSIs
- Supported settlement types: Gross, Net, CLS and Cleared
Our Services
Click on each section of the diagram to explore more
Matching
Trades from FX Connect can be auto-matched, confirmed and settled through the TradeNeXus platform, which matches more than 77,000 trades every day.
Matching
Trades from FX Connect can be auto-matched, confirmed and settled through the TradeNeXus platform, which matches more than 77,000 trades every day.
Settlement Instructions
Our database of authenticated broker settlement instructions helps clients complete the settlement process efficiently. TradeNeXus applies settlement instructions and attaches them to outgoing SWIFT messages.
Swift Confirmation
Generates and sends real-time SWIFT confirmations and custodial notifications to complete the workflow. Message types: FX: MT300, 304, 305, 202, 210 MM: MT320, 321.
Notifications
Supports Continuous Linked Settlements (CLS) with timely checks to address CLS requirements. Net settlement with brokers and notification to custodians and agents is also available.
Reporting
Comprehensive reporting including netting of positions, cross currency netting, mark-to-market and SWIFT messaging transmission status