BRS Futures and Cleartrade Exchange today reached agreement to integrate technologies and pool liquidity.
BRS Futures has signed a partnership agreement with Cleartrade Exchange to integrate the recently launched BRS ArtB screen into the Cleartrade Exchange platform.
Chris Reilly, Managing Director of BRS Futures, said, “BRS is excited to be linking with Cleartrade Exchange. We support the concept of pooling liquidity and a centralised marketplace and I am confident the special features and advanced functionality of ArtB will make an important contribution towards making this goal a reality.”
The Cleartrade Exchange is a central execution platform which is designed to be integration-ready for 3rd party trading screen technologies which wish to gain access to a central marketplace or access the straight-through-processing and clearing capabilities of Cleartrade Exchange.
Richard Baker, CEO of Cleartrade Exchange, commented, “The combination of ArtB’s trading front-end capabilities and Cleartrade Exchange’s position as a regulated, execution trading venue and processing platform will make an attractive package for all BRS clients trading FFA contracts. This is a great example of the open approach Cleartrade Exchange is taking towards a central marketplace and developing the market.”