TRADExpress™ as a Service (TESS) allows your trading venue to leverage globally recognized trading and clearing technology while focusing on core business.
This functionality-rich service supports exchanges, swaps execution facilities, systematic internalizers and multilateral trading facilities with multi-asset class trading. TESS is ideal for new marketplaces that want to get up and running quickly and supports multiple market models including auctions, continuous trading, request for quote, dark pools, midpoint matching and OTC trade reporting.
Cinnober's service includes software licenses, configuration, dedicated account management and support. Everything you need to operate with a lean and focused own organization.