Trade Matching

TRAX is the one-stop trade matching and regulatory reporting system. It has been developed in conjunction with ICMA members and market users and is an effective operational risk management tool. TRAX performs post-trade, pre-settlement matching in a wide range of instruments including; bonds, equities and derivatives (CFD’s, futures, options and more).

"TRAX is new and improved system with augmented capabilities."

TRAX has been operating successfully since 1989. It currently has over 200 subscribers and processed over 104 million transactions in 2007 alone!

TRAX is the ideal trade matching solution with:

• Real time trade matching and reporting of bonds, derivatives
  and equities
• Real time exchange of standing settlement instructions (SSI’s)
  between counterparties
• Rapid identification of problem trades and greatly reduced
  failed trades
• Highly competitive transaction costs

Allowing your organisation to minimise it’s operational risk exposure.
If you would like to learn more about reducing operational risk, please click here: ‘Risk Management’