The Cleartrade Exchange will unveil a free global market-discovery screen, which allows live trade, price and volume access across multiple commodities. Commodity traders will be able to trade the products electronically from June 2, 2011.
The trades can be combined across different product types, which will save clients about 40% in cross-margining fees at the clearing house. The screen will also enable live block trading, full straight-through processing and risk management reporting to give users a new solution for derivatives trading.
Click here for the release from Cleartrade Exchange.