Revolutionizing the Futures Market: ION Connects to the Groundbreaking FMX Futures Exchange

In a significant move that is set to transform the financial landscape, ION, a global leader in trading and workflow automation software, has announced its connection to the newly launched FMX Futures Exchange. This strategic partnership will empower clients to seamlessly access and trade on the innovative exchange, leveraging ION's cutting-edge execution and post-trade product suite.

Unlocking New Frontiers in Futures Trading

Pioneering a New Era of Interest Rate Futures

The FMX Futures Exchange is a groundbreaking development in the world of interest rate futures. As the first US-based exchange to launch with a fully operational, globally connected, and state-of-the-art trading system, it promises to deliver unprecedented benefits to market participants. The exchange's partnership with the renowned clearing house LCH, which offers cross-margin capabilities, has the potential to unlock significant capital savings for traders.The FMX Futures Exchange is the result of a strategic collaboration between BGC Group and ten of the world's leading global investment banks and market-making firms. Established in April 2024, this partnership has given rise to FMX Holdings, LLC, which not only encompasses the exchange but also a rapidly growing spot foreign exchange platform and the world's fastest-growing US cash treasuries platform.

Seamless Integration with ION's Comprehensive Solutions

ION's commitment to supporting the FMX Futures Exchange is a testament to its dedication to innovation and client-centric solutions. The company's extensive expertise in cleared derivatives front-, middle-, and back-office platforms ensures that banks and brokers utilizing ION's technology stack can offer their clients advanced execution capabilities and clearing services on the new exchange from day one, with minimal effort.This seamless integration between ION and the FMX Futures Exchange is a game-changer for financial institutions. By leveraging ION's powerful combination of modern, integrated solutions across execution and clearing, clients can overcome the technical barriers that often hinder market readiness and participation, ultimately driving greater efficiency and better decision-making.

Empowering Clients with Choice, Innovation, and Potential Savings

The partnership between ION and the FMX Futures Exchange is poised to deliver significant benefits to clients. Robert Allen, President of the FMX Futures Exchange, expressed his enthusiasm, stating, "We are pleased ION connected to the FMX Futures Exchange. The combination of the FMX Futures Exchange with LCH will provide clients with choice, innovative execution technology, and potentially significant cross-margin capabilities."This sentiment is echoed by Francesco Margini, Chief Product Officer for Cleared Derivatives at ION Markets, who said, "We are always very pleased to support new major exchange initiatives. The joint effort with FMX Futures Exchange demonstrates once again the effectiveness of ION's front-to-back product strategy: the powerful combination of modern, integrated solutions across execution and clearing removes the technical barriers often hindering market readiness and participation."

Transforming Financial Institutions for Sustained Success

ION's commitment to innovation and client success is at the heart of its mission. As a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting, the company has a proven track record of partnering with financial institutions, central banks, governments, and corporate organizations to simplify complex processes, boost efficiency, and enable better decision-making.By leveraging ION's solutions and services, clients can unlock new opportunities, streamline their operations, and navigate the ever-evolving financial landscape with confidence. The company's dedication to continuous innovation and long-term partnerships ensures that its clients can achieve sustained success, transforming their businesses for the future.