The 2026 FIA Global Cleared Markets Conference will take place March 8-11 in Boca Raton, Florida.
Traders Magazine caught up with Alun Green, EVP and Managing Director, Futures and Options at conference sponsor Trading Technologies, for a preview of what topics TT will discuss.
Trading Technologies will be represented at the FIA’s Global Cleared Markets Conference, aka FIA Boca. What do you expect to talk about?
A new focus for us will be OpenGamma, which TT acquired in December. So far 2026 has been great for both firms – the integration has moved very quickly and we are seeing many genuine synergies between the two companies. The overlap of customer bases is very strong, particularly in commodities and hedge funds. The market reaction overall has been incredibly positive, and we’re seeing a lot of momentum.
In its 10+ years, OpenGamma has focused on helping clients be more efficient in their use of capital by looking at how they can reduce their margin requirement without having to change their portfolio or their risk. That might entail different counterparties, different brokers, putting equivalent trades on different cleared exchanges, or moving from OTC to cleared or vice versa.
Where that ties in very nicely for TT customers and for TT is that reducing margin frees up capital, which allows for more trading. The more we can safely and efficiently reduce the capital requirement, the more trading we can put in the market, which brings liquidity. It’s a win for all.
You’re sponsoring a session at FIA Boca on Monday afternoon. What will you cover there?
In that session, we want to focus on the role of prediction markets for institutional traders. There’s an incredible buzz about these markets, but the practical application for our clients is still up for debate. We’ve invited two leaders from the community — Thomas Chippas, CEO of Rothers, and Andy Ross, Head of Institutional with Kalshi — to join us on stage to delve into the real-world applications, debate the future trajectory, and explore the key trends and regulatory shifts to help firms stay ahead of the curve. We’re expecting a lively conversation.
What else will you be discussing with TT clients at Boca?
The first thing is on the OMS side, where we are coming of age and dare I say, playing in the Premier League now. TT has had an OMS offering for a long time — it started out fairly basic, but we added to it over the years, and now we’re at the point where significant tier one firms are switching to TT. They like the product not just for execution, but for the full order management system on the futures side.
There hasn’t been a huge amount of choice in the futures OMS market, so TT coming to the table with an offering that is fit for purpose has a lot of people engaging with us.
We’ll also be talking quite a bit about our solutions for clearing.
Firstly, we are expanding our clearing into prediction markets, making it a 24/7 offering, as more markets are moving in that direction. That’s one piece of the puzzle.
We’re also seeing a clearing expansion into other asset classes, such as foreign exchange and fixed income. We know that Treasury clearing and repo clearing are on the way, and people are asking for us to get involved in supporting those.
We developed a close-out module, which we are rolling out to a number of markets globally. This helps with regulatory requirements to ensure that client positions are in line with the clearing house.
Lastly, there’s an integration on the clearing side between OpenGamma and our clearing product, to reduce risk in the give up and give in business on that top day side. This entails being able to better manage portfolio risk, whether you’re an executing broker or a clearing broker, so you’re not sitting with an unbalanced portfolio and a potential large margin call. This is something that’s still in development, but already we’re seeing a lot of interest.
On the global stage, TT announced last week it will provide direct connectivity to the National Stock Exchange of India. What’s the significance?
TT has a multi-X strategy, which means we are expanding into different asset classes and different parts of the trade life cycle, but we are also continuing to invest and expand in our core futures trading product. Supporting NSE in their domestic market is an example of this.
We now have official empanelment from the NSE, allowing us to host in their data centers and provide connectivity to the local domestic market. This is the same as we do for most other exchanges TT supports globally. We’ve already seen significant interest from native India players as well as from multinationals who trade in India. With India being the largest market for options and derivatives trading by volume, this is an essential part of our globalization strategy. We’re excited not only to bring NSE to our existing clients, but also to bring the TT platform to domestic traders who will benefit from our extensive range of professional trading tools.
