Baton Systems adds Euronext Clearing
26 March 2025 India
Image: Ravil_Sayfullin/stock.adobe.com
Baton Systems has expanded its Core-Collateral network with the addition of Euronext Clearing.
Core-Collateral clients can now use automated workflows powered by real-time data to optimise margin for Euronext derivatives and options products previously cleared through LCH SA that have now migrated onto Euronext Clearing.
Arjun Jayaram, founder and CEO of Baton Systems, comments: 鈥淏y adding Euronext Clearing to our Core-Collateral network, we鈥檙e enabling our clients to improve efficiency, transparency, and decision-making at a critical time in the post-trade process.鈥�
Baton鈥檚 direct CCP connections aim to enable clearing members to automate and optimise collateral allocations with increased efficiency and agility.
Clients can access balance information, including both intraday and end-of-day positions, and aggregate this insight with access to eligibility schedules for all connected CCPs.
This enables them to execute pledge and recall instructions for both cash and securities transfers across clients and Baton鈥檚 network of directly connected CCPs.
Information is accessible either through Baton鈥檚 platform or integrated into a client鈥檚 internal system using APIs.
According to Baton, its CCP coverage currently includes 96 per cent of initial margin worldwide, as per Public Quantitative Disclosures (PQDs).
Core-Collateral clients can now use automated workflows powered by real-time data to optimise margin for Euronext derivatives and options products previously cleared through LCH SA that have now migrated onto Euronext Clearing.
Arjun Jayaram, founder and CEO of Baton Systems, comments: 鈥淏y adding Euronext Clearing to our Core-Collateral network, we鈥檙e enabling our clients to improve efficiency, transparency, and decision-making at a critical time in the post-trade process.鈥�
Baton鈥檚 direct CCP connections aim to enable clearing members to automate and optimise collateral allocations with increased efficiency and agility.
Clients can access balance information, including both intraday and end-of-day positions, and aggregate this insight with access to eligibility schedules for all connected CCPs.
This enables them to execute pledge and recall instructions for both cash and securities transfers across clients and Baton鈥檚 network of directly connected CCPs.
Information is accessible either through Baton鈥檚 platform or integrated into a client鈥檚 internal system using APIs.
According to Baton, its CCP coverage currently includes 96 per cent of initial margin worldwide, as per Public Quantitative Disclosures (PQDs).
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