LSE, Omgeo Link Matching Platforms

The joint effort allows prime brokers on UnaVista to connect directly with investment managers on CTM, while also connecting executing brokers with prime brokers for hedge trades, synchronizing workflows between all parties. The benefits include greater clarity of information reconciled between the various participants, as well as both legs of the transaction being matched on a T+0, or same-day basis.

"This new partnership allows us to combine Omgeo's buy-side network with UnaVista's prime broker network, providing one of the largest contracts-for-difference communities on the market," says Mark Husler, global head of product management at the LSE. "The solution creates a scalable platform for all parties and the flexibility to meet multiple different needs."