Harmony NetLink
Harmony NetLink allows FX prime brokers servicing retail brokers to dramatically reduce the cost of trade processing and frees up processing capacity, boosting profitability. The solution achieves this by compressing the tickets generated by retail platforms while still enabling the prime broker visibility into the original tickets (component trades) so they can manage exposure.
Harmony NetLink is delivered over the Harmony network so all counterparties are guaranteed to receive the same results. The solution provides full visibility of the component trades to both the prime broker and liquidity provider via an on-line trade repository. This means that the net tickets can be submitted rather than requiring each micro-trade to be reported - dramatically reducing the overhead associated with providing liquidity to retail platforms.
- Significant cost savings - submit net tickets instead of component trades
- Increased operational efficiency - component trade reconciliation
- Alleviates processing bottlenecks - compresses trades upstream to dramatically reduce processing requirements downstream
- Increases systems capacity - only the net tickets hit the back office
- Scales to meet the needs of the market today and in the future
- Rules-based aggregation allows for maximum trade compression
- Full transparency of component trades via online trade repository
- Pre-aggregation matching of component trades
- Network-based solution

