The preferred choice for Straight Through Processing Solution

TEO Derivatives, our global Order Management solution, has been developed by and for the traders.
Through years of ongoing collaboration, we have gathered inputs, recommendations and feed-backs from hundreds of traders across all regions and all markets to make sure TEO is a perfect fit for your business.

As a result, TEO Derivatives is now the preferred solution for the top Inter Dealer brokers and Broker Dealers. Every day, hundreds of traders at ICAP, GHF, Tullett, BGC use TEO Derivatives to allocate and confirm their trades.


TEO Derivatives in a nutshell

TEO Derivatives allows you to capture all your executions, whether they are coming from your multiple execution platforms (TT, PATS, FIDESSA, CQG …), whether they are coming from the actual exchanges (exchange drop-copies), from the CCPs, or a 3rd party (execution broker, GCM/FCM …).

TEO then provides a central database containing details on all orders that have been processed regardless of the trading platform or market.

TEO Derivatives allows you then to:
  • Organize and route these executions to the appropriate desks, traders,
  • Aggregate data based on your own criteria
  • Allocate your orders (across multiple fills, prices …) and feed into the corresponding downstream systems (middle-office, back-office, Clearer …)
  • Confirm your final trades to your clients (real time FIX messaging, Bloomberg, emails ….)



The TEO Derivatives Export Module allows integration
with your trade matching system and other Back Office systems

Connected Directly to the Exchange(s)
TEO Derivatives can work independently from your trading systems by being connected directly to the market through its own exchange gateways. It will capture the trade executions and present them back to the trader for allocation.

This configuration enables you to concentrate the data of all processed orders into one single open database, even if you are using multiple trading platforms.


Connected to the Trading System(s)
TEO Derivatives can be connected to your Trading System(s) through specially developed gateways. It will then capture the working orders as well as the trade confirmations.

This configuration would enables you to benefit from a seamless STP solution from Front to Back Office while still giving you flexibility in the choice of your trading platforms.

Architecture