UK voice broker OptionsDesk, part of the AMC Group, has expanded its derivatives capabilities with the adoption of ION’s XTP front-to-back suite.
The suite, consisting of ION’s XTP Trading, XTP Clearing and XTP Cleared Derivatives solutions, will help to facilitate OptionsDesk’s growth plans.
By providing real-time processing and actionable insights at execution, clearing and settlement stages, clients will be able to manage their investment portfolios more efficiently, ION says.
James Proudlock, managing director of OptionsDesk, says: “While we continue to prioritise giving our clients access to highly experienced options brokers, this partnership 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.”
Francesco Margini, chief product officer for cleared derivatives at ION Markets, adds: “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.”
