Centralise

TradeAgent

Providing a golden source of trade and agreement data and standardising portfolios on a new central open-access platform.

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Introducing TradeAgent

TradeAgent is a centralised post trade processing platform for OTC derivatives, purpose built to eliminate fragmentation, standardise data, and streamline workflows across the entire trade lifecycle. Designed in collaboration with leading buy-side and sell-side institutions, and powered by LSEG’s proven market infrastructure expertise, TradeAgent replaces the industry’s disparate, duplicative processes with a single, golden source of trade and agreement data.

Built from the ground up with modern, scalable technology, TradeAgent supports equity swaps and interest rate derivatives today, with an expanding roadmap to additional asset classes.

How it works

TradeAgent in action 

Source

Trades, cashflows, and reference data are submitted from certified, authorised sources, ensuring accuracy and consistency across firms.

Standardise

TradeAgent uses the ISDA Common Domain Model (CDM) to standardise complete trade populations — including cleared compression results, trades not confirmed on TradeAgent, and single sided submissions.

Create Authority

Legal confirmation, matching/affirmation and trade management processes establish a single authoritative data store used for all downstream events and calculations.

Full Trade Lifecycle Processing

TradeAgent manages:

  • Novations, amendments, exercises, and corporate actions
  • Full bilateral cashflow calculation
  • Margin in Transit workflows
  • Central settlement routing
  • API driven microservices for targeted access to ADS data

The result is an end to end, fully aligned view of the portfolio across all counterparties.

Features & benefits

Why TradeAgent

TradeAgent aims to be the most effective, streamlined and cost-efficient post trade processing solution. Built on modern, scalable technology that enables us to deliver new features and functionality at pace.

Driving the derivatives industry forward

We offer more than just TradeAgent. Find out how we can centralise your portfolio.

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