ION leverages AI in bid to optimise pre-trade risk management for clients
The new solution integrates CME SPAN 2 and aims to address calculation and speed challenges associated with the model.
The new solution integrates CME SPAN 2 and aims to address calculation and speed challenges associated with the model.
The expansion follows an increase in market demand for NDFs in the APAC region and builds on the two companies’ existing partnership.
The product is set to go live on 19 May 2025 and follows the company’s recent launch of its Solana futures.
Trading will start in September 2025 and is expected to strengthen liquidity in the EU bonds market.
Bloomberg 500 Index’s availability will pave the way for the listing of futures and options on MIAX exchanges in H2 2025.
Specifically, the move entails a complete infrastructure migration.
Launch is set to be completed by Q2 2026 and is expected to tackle risk management challenges faced in the options markets.
The platform will combine derivatives product creation and offer real-time settlement of all derivative positions 24/7 with a sub-1-minute settlement.
The new options come amid increased interest in options due to US equity market exposure and volatility; Belvedere Trading will be the lead market maker.
Deal is expected to close in H2 2025; current co-CEOs Guy Rowcliffe and John Stewart will remain at OSTTRA and continue to lead the company.