CME Group is pleased to announce that One Exchange Corp.(OX) has joined our roster of leading interdealer brokers. OX is the first Canadian headquartered OTC broker to join CME ConfirmHub to offer the energy traders a superior straight-through-processing (STP) solution for OTC Energy Trading. 

Supporting brokered, exchange-traded and bilateral transactions CME ConfirmHub allows both voice and electronic trades to be received in a standard format directly into trade capture and trade processing systems. This virtually eliminates manual trade entry, reduces errors as well as trade processing costs. One, secure API connection to ConfirmHub allows trading firms to receive trades from multiple brokers and exchanges - among them Amerex, GFI, ICAP, TullettPrebon, OTC Global Holdings, NYMEX and GreenX - greatly reducing the cost and overhead of developing STP connections to multiple trading venues.

Real time STP through CME ConfirmHub prepares both brokers and trading firms for trade reporting and swap data repository submission requirements mandated by the Dodd-Frank Act.

"OX continues to show its commitment to the markets it serves with emphasis on streamlined operations for its customers. We view CME ConfirmHub as a great solution for our customers providing timely, consistent and accurate trade information between The OX voice broker assisted Platform and our customers." said Perry Undseth, President One Exchange Corp. 

"We are very pleased to have One Exchange join CME ConfirmHub as they serve important wholesale physical and financial over-the-counter markets in North American natural gas and Canadian crude. We welcome them as our first Canadian Broker member. We look forward to them being operational on CME ConfirmHub soon so that we can provide STP connectivity to their portfolio of customers." said Michel Everaert, Managing Director, OTC Solutions at CME Group.

One Exchange trades should be available on ConfirmHub early in the new year.