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October 13th, 2008 - FFastFill launches LME Trade Capture

FFastFill launches new STP service for LME Select


FFastFill has launched LME Trade Capture, a service designed to automate the Straight Through Processing flow of price and transaction data between the front and middle offices for LME Category 1 and 2 members.

The new service from FFastFill will provide a matching feed of trade identity codes and clearing identity codes, thus enabling genuine straight through processing between the execution front end and the clearing/risk management middle office.

Delivered either as a file feed or a live database link, FFastFill LME TCS will allow firms to match trades between front and middle office, whether traded on FFastFill’s Select service or not. In this context it minimizes administration disruptions and cost from unmatched client/trader ID data and enhances accurate position control and effective, prompt, risk management.

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