Using proprietary technology, our FIA Tech-endorsed agreement digitization service allows firms to seamlessly convert PDF EGUS rate schedules into eRates
In 2016, eClerx Markets and FIA Tech announced a strategic partnership which combined the advantage of our scale, cost-competitiveness, and derivatives processing expertise with FIA Tech’s centralized technology platforms for the global futures industry.
- The first joint initiative is a centralized EGUS (Electronic Give-Up Solution) document digitization platform that creates standard EGUS eRates from existing and new rate schedules.
- Our solution enables executing brokers to use EGUS as a low cost and scalable solution to implement electronic brokerage rate schedules and improve brokerage settlement processes for their firm. It also furthers industry efforts to use EGUS as the golden source of reference data for commissions and fees, improving the entire FCM community’s ability to accurately track and account for brokerage fees.