Use Case · Post-Trade Connectivity
Exchange & Post-Trade Connectivity
Multi-venue FIX inbound · Blackstar routing · CTP clearing · FX execution
Workflow
Trades executed on LME, SGX and EEX generate FIX post-trade messages routed into internal systems. Chinese clearing flows via CTP introduce additional connectivity logic. FX execution across GTX and CBOE requires dedicated integration. As venues expand, connectivity layers multiply and operational control becomes harder to maintain.
The Challenge
The Solution
The Impact
The Challenge
- Multiple FIX protocols across exchanges
- JSON-based routing into Blackstar
- CTP post-trade connectivity for Chinese clearers
- Separate Production and UAT environments
- New brokers and clearers requiring bespoke setup
- FX connectivity adding infrastructure complexity
The Solution
- FIX Plug-Ins for LME, SGX and EEX
- Structured routing into Blackstar
- CTP Post-Trade Plug-In for Chinese clearing flows
- Scalable model for onboarding additional CTP clearers
- GTX FX connectivity & standard FX Plug-In with CBOE config
- Dedicated UAT environments
- Centralised audit trail storage
The Impact
- Standardised exchange connectivity
- Faster broker and clearer onboarding
- Controlled separation of Production and UAT
- Scalable Asian clearing integration
- Unified FX connectivity framework
- Reduced operational fragmentation
Outcome — Post-trade connectivity becomes structured and modular.
Exchange expansion no longer increases infrastructure complexity. Execution remains controlled as the trading footprint grows.
