clearing
(3)
Cboe Global Markets
The company that gave Wall Street a fear gauge now sells the pipes, prices and products behind an increasingly global, nearly round-the-clock market. Its advantage is less a single exchange than a feedback loop: invent the contract, gather the liquidity, distribute the data, then teach the next wave of traders how to use it.
FIA Tech
FIA Tech is the leading technology provider to the global exchange-traded and cleared derivatives industry, owned by a consortium of major clearing firms and the Futures Industry Association. Its platform automates post-trade processing - brokerage calculation and settlement, give-up agreements, reference data, OCR compliance and reconciliation - and its flagship Trade Data Network provides a shared ledger of trading information to bring transparency to fragmented ETD post-trade markets. More than 8,000 futures market participants use its services.
RQD* Clearing
RQD* Clearing is a New York-based correspondent clearing firm that provides clearing, custody, and execution services for broker-dealers on a cloud-native, real-time platform. Spun out of options market maker Volant, it self-clears U.S. equities, options, and ETFs, positioning itself as a modern alternative to legacy clearing providers with direct API integration, 24x5 availability, and infrastructure built on Microsoft Azure.