Security Futures Processing
Security futures are comprised of single stock futures or futures contracts on individual stocks and narrow-based indices, which are futures contracts on small groups of stocks that allow an investor to take a position in a concentrated area of the equities market. Stream GMI
effectively handles security futures processing on the NQLX and OneChicago exchanges through the Security Futures Processing module.
Features
- Generates NALX trade and position match reports via reconciliation and point balance programs
- Offers OCC Futures Risk Array margining on NQLX
- Connects with OCC, SIAC, and PCS for submission requirements
- Supplies corporate actions processing for NQLX and OneChicago stock futures
- OCC trade load support for security futures
Benefits
- Provides full back-office support at the broker level
- Supports a straight-through processing environment
- Delivers price and margin data for NQLX and SPAN for OneChicago via SunGard’s Fame Futures data service