Participation

Onboarding consists of two phases that could be undertaken simultaneously:

Compliance and Legal– this involves a future participant completing relevant onboarding documentation that will then be reviewed by Tradition’s onboarding team. Upon completion, future participant needs to sign a Participation/User Agreement (thereby agreeing to adhere to the applicable Rulebook(s)) and a Market Making Agreement (if applicable).

Technical – our Trading Operations team will work with you to establish all technical requirements for onboarding.

For SEF

Please follow this link http://www.traditionsef.com/onboarding/participant/ to access relevant documents, these need to be returned totradsefob@tradition.com
‍To initiate technical phase of onboarding please contact Tradsef.USMarketOps@tradition.com

For MTF

Please click here to request onboarding for the UK MTF (MIC:TRDX), operated by Tradition UK Ltd.

Please click here to request onboarding for the EU MTF (MIC:TRXE), operated by Tradition Securities and Futures (TSAF).

D2C MM Criteria

In order to access Trad-X D2C order book as a dealer, participant must satisfy either of the following criteria:

Participant is already a liquidity-provider on Trad-X D2D, or
Participant is a member of SwapClear Global and its parent Company holds over $250bn in AUM*

*based on the previous year's S&P ranking

Brexit

Information about Trad-X venue set up post Brexit, as well as potential trading scenarios(including DTO)
can be found here.

Latest EAT instrument list for both (UK and EU) MTFs can be found here.