Fortis Commodity Brokerage, a division of Belgium-based Fortis Bank, is to implement Ubitrade's Futures and Options (UF&O) STP solution.
UK-based Fortis Commodity Brokerage actively trades cocoa, sugar and coffee on both Liffe and Nybot.
UF&O is a complete STP solution, from order-routing to trade booking, for listed derivatives on all major world financial markets. As part of the deal, FCB has also purchased Internet access for end-users, enabling its clients and brokers to access their positions, statements and trades in real-time and to access end-of-day statements.