OVERVIEW
PREMIUM
Catalyst’s trade matching engine continuously reconciles broker trades with exchange data. When exchange confirmations arrive, Catalyst instantly verifies they match the broker trade, even when trades contain multiple fills.
Handling complex fills is a core strength of Catalyst. No matter the number or breakdown of fills, the system reconciles trades instantly. Mini contracts against full size, strips broken down by period or quantities split by counterparty are all matched automatically as long as the exposure, PnL impact and broker trade reconcile.
EFFICIENT
Reconciling a single trade against 24 exchange fills takes less than 50 milliseconds.
This provides:
- Immediate visibility of positions
- Accurate exposure calculations
- Early detection of discrepancies
You always know your position as soon as a broker trade is agreed. By removing delays, Catalyst allows trading desks to operate more efficiently without relying on spreadsheets or manual reconciliation.
