OTC transactions present firms with increased levels of risk exposure, which can be challenging to manage. Xtrakter's dedicated trade matching service, TRAX, is designed to help you lower this risk.

TRAX is an extremely effective operational risk management tool which provides real-time post-trade matching in a wide range of instruments, including bonds, equities and derivatives (contracts for difference, futures, options, warrants and more).

Developed in conjunction with the market, TRAX has been the leading fixed-income matching solution for 25 years. More recently it has also become the preferred choice for repo matching.

TRAX has over 200 subscribers including broker-dealers, hedge funds and investment banks. The major inter-dealer brokers, as well as the largest UK and European players in the fixed-income business, use TRAX.

The TRAX platform processed over 949 million transactions in 2011.