Trade Manager
The Trade Manager provides functionality for members and participants in a clearing operation. It allows a shift of workload from the clearinghouse to the participants, giving participants more control and access 24 hours a day, 365 days a year.
Key features of the Trade Manager :
Trade confirmation and OTC matching
Multi-marketplace trade flow merger
Trade management by marketplace and client
Position maintenance by marketplace and client
Partial sub clearing
The LME Trade Manager, called MRS
Trade Manager at the LME, called MRS
Trade Manager automates the handling of bilateral contracts and trading, using a browser based Internet front application. It allows the clearinghouse to supervise and put participants on hold or watch list, and to spread the workload over the day.