How a trade flows through FGC TMS?
FGC TMS continuously takes in execution, custodian and regulatory data. It then matches what you traded on the ECN, what your clearer shows, and what you reported to TRACE, so breaks surface as they happen rather than at end of day. P&L, payouts and compliance checks run automatically on your rules, and results appear in role-based blotters and dashboards that drill down to individual trades.
Built around how desks work
Multi-ECN Trading
Trade across multiple ECNs effectively and efficiently, be it Quotes, CLOB, RFQs, Auctions, List Trading or Portfolio Trading, whether you are a sell-side firm or a buy-side firm.
Single Source of Truth
Trade, custodian, and regulatory data are continuously aligned to highlight breaks in real time.
Three-Way Reconciliation
Automatically matches trades across execution venues, custodians, and regulatory reporting to surface exceptions early.
Workflow-Driven Design
Screens and alerts are aligned to real operational tasks, not generic system templates.
How does data flow through FGC TMS?
Data moves through FGC TMS in five stages: it takes in execution, custodian and regulatory feeds; supports trading across ECNs; reconciles three ways in real time; runs P&L, payout and compliance processing automatically; and shows each team what it needs in dashboards and blotters.
Data ingestion
Execution data, custodian feeds, and regulatory confirmations flow into FGC TMS continuously.
Trade execution
Trade seamlessly across multiple ECNs using multiple workflows.
Real-time reconciliation
Three-way matching identifies breaks and exceptions as they occur, not at end of day.
Automated processing
P&L calculations, payout workflows, and compliance checks run automatically based on your rules.
Dashboards and drill-down
Dashboards and blotters present the information you need, when you need it, with full drill-down capability.
The result: a system that works with your traders, operations, and compliance, not against them.
READY TO MODERNIZE YOUR FIXED INCOME
TRADING & OPERATIONS?
See how FGC TMS can bring clarity and control to your Fixed income trade lifecycle.
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