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eXRP - electronic eXchange Related Process

electronic eXchange Related Process, eXRP, is a solution for energy-trading market participants that standardises the process and data needed for the registration of off-exchange cleared and clearable products. eXRP is a non-discriminatory, open standard, industry-owned and governed infrastructure, which establishes straight-through processing, integrating all participating execution and clearing venues. eXRP is part of CMS.


product-benefits

Benefits:

  • Universal interface providing brokers with connectivity to all clearing services and vice versa.
  • Simple portal for all participants (traders, brokers, exchanges) to view and monitor the progress of their cleared deals from execution through to clearing.
  • Single integrated channel for all off-exchange clearing traffic simplifying, standardising and automating the registration process.
  • eXRP delivers mandatory clearing through a common interface for data exchange, CpML.
faq

Frequently asked questions:

eXRP provides a universal interface to brokers to connect to clearing services, and vice versa, for the registration of off-exchange cleared and clearable products. eXRP also offers a simple portal for participants (traders, brokers, exchanges) to view and monitor the progress of their cleared deals from execution through to clearing.

The CMS eXRP fee schedule is available on the Equias website.

Upcoming related events:


There are no upcoming events related to this product.