Boca Raton, FL, 11 March 2025 – FIA Tech, a leading futures industry technology provider, today announced that it has added support for block traded futures and options to its settlement platform Atlantis, and is live with buyside, brokers and clearing firms on the expanded service. With this addition, Atlantis is now facilitating the invoicing and collection of around $1bn of revenue annually in exchange traded derivatives (ETD) and US Listed Options brokerage across 53 executing brokers, 33 clearing firms and buyside clients.

Adding support for block trades delivers much needed automation to a large and fragmented segment of futures and options trading. Due to the bespoke nature of block trading, the size, complexity and value of the trades is often much higher, making existing invoicing and collection processes highly manual and fraught with delays. Concurrent with the rollout of the platform, FIA Tech has worked with the industry on a common invoice format and process to create operational synergies for clearing firms and their clients.

Nick Solinger, CEO of FIA Tech said: “This is a further step in FIA Tech’s strategy to deliver more value for our clients who have long used our brokerage platform. Having all revenue on a single global platform creates efficiencies and synergies for executing firms and their clients, improving their time to revenue and reducing costs. We are grateful to the initial clients and brokers for their support in bring this initiative live.”

Atlantis is the industry’s standardized platform for processing brokerage invoicing, with high rates of automation and integrated workflows for reconciling fees and resolving disputes. Atlantis settles brokerage from trading activity across 34 clearing houses with all global ETD markets enabled for settlement. Last year, the platform was expanded to allow direct buyside participation as well, further growing volumes and improving settlement rates

About FIA Tech

FIA Tech is a leading technology provider to the exchange traded derivatives industry. Owned by a consortium of twelve leading clearing firms and the Futures Industry Association (FIA), FIA Tech is committed to serving the industry and launching innovative solutions to improve market infrastructure across the listed and cleared derivatives industry. FIA Tech works in close partnership with the broader industry, including exchanges, clearinghouses, clearing firms and other intermediaries, as well as independent software vendors, buyside firms and end users to bring efficiency to the exchange traded and cleared derivatives industry.

For further information please contact:
Candice Adam
cadam@fia-tech.com
+44 (0)7771 906 073