UK options broker OptionsDesk selects ION’s XTP product suite for cleared derivatives

Rick Steves

“XTP is a full front-to-back product suite that harnesses the power of integrated workflows and connected data to provide real-time insights.”

ION has been selected by OptionsDesk to integrate ION’s XTP Front-to-Back Suite, expanding its derivatives capabilities.

The provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management will deliver its XTP Trading, XTP Clearing, and XTP Cleared Derivatives solutions to help OptionsDesk to adopt an end-to-end digital strategy to support its next growth phase.

OptionsDesk caters to institutions, HNWIs, and retail investors

OptionsDesk is a leading UK options broker that provides advisory and brokerage services for retail investors, corporations, and financial institutions. The broker is a trading name of AMT Futures Ltd, subsidiary of the AMC Group.

The brokerage firm provides institutions, high net worth, and retail investors with up-to-date tools, expertise, and resources to protect and grow their current investment portfolios.

ION’s integrated front-to-back platform seamlessly processes business in real time and produces actionable insights across execution, clearing, and settlement.

Built on ION’s scalable and modular technology, the XTP product suite delivers a comprehensive, powerful, and recognizable suite of solutions for cleared derivatives firms toward efficient and accurate front- to back-office operations.

“ION above all other derivatives technology providers”

James Proudlock, Managing Director, OptionsDesk, said: “While we continue to prioritize giving our clients access to highly experienced options brokers, this partnership with ION also establishes us as a digitally driven, retail consumer finance brand. Our goal is to combine the best of both worlds to help our clients further their investment objectives across cash equities, futures, and options.

“After an exhaustive tender process, ION clearly stood head and shoulders above all other derivatives technology providers. We look forward to integrating the XTP Suite into OptionsDesk to complement our desk-broking services.”

Francesco Margini, Chief Product Officer for Cleared Derivatives, ION Markets, said: “At ION, we believe in building lasting relationships with our clients. We are delighted to expand our partnership with the AMC Group, through this long-term agreement with OptionsDesk. By using XTP, OptionsDesk will be able to unlock additional opportunities. XTP is a full front-to-back product suite that harnesses the power of integrated workflows and connected data to provide real-time insights.”

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