Clearing Software
for Brokers and Wealth Firms
Automate post-trade operations with a fully branded, multi-asset clearing solution, ready in just 2 weeks.
ETNA Clearing is a robust, white-label post-trade solution tailored for US broker-dealers and wealth management firms. Designed to simplify clearing processes, ETNA integrates seamlessly with trading platforms, back-office systems, and investor advisor tools, delivering unmatched efficiency and accuracy.
Whether handling equities, options, ETFs, mutual funds, IPOs, UITs, fractional shares, or cryptocurrencies, ETNA Clearing ensures real-time workflows that scale with your business needs. Our solution empowers firms to reduce operational overhead, enhance risk management, and improve client satisfaction — all while maintaining compliance with regulatory requirements.
Key Benefits:
Launch a fully branded clearing
solution in about two weeks
Automate trade validation,
settlement, and reporting processes
Built-in tools ensure adherence
to SEC and FINRA regulations
Manage trades across stocks, options, ETFs, mutual funds, IPOs, UITs, fractional shares, and cryptocurrencies
Connect to over 20 execution venues
and clearing firms for unified operations
ETNA Clearing Features Grouped by Functionality
Trade Execution & Validation
24x7 Real-Time Trade Validation:
Validate trades instantly for accuracy and compliance at any time of day or night. This ensures uninterrupted operations and reduces discrepancies across global markets.
Real-Time Clearing:
Process trades in real-time to accelerate settlement cycles and improve operational efficiency. This feature minimizes delays and ensures faster reconciliation.
Straight-Through Processing (STP):
Automates trade validation, settlement, and reporting to eliminate manual errors and reduce delays. STP ensures seamless execution from trade capture to settlement.
Fractional Shares Trading Support:
Enable clients to trade fractional shares of stocks or ETFs with precision down to 0.0001 shares. Fractional trading allows investors to diversify portfolios at lower costs while retaining voting rights and dividends.
Order Routing with Risk Management (Middle Office):
Optimize execution by routing orders across multiple venues while mitigating risks through real-time margin calculations and exposure tracking.
Staging Blotter for Large Orders:
Break down large orders into smaller components to reduce market impact and optimize pricing using advanced algorithms or manual configurations.
Risk Management & Compliance
Risk Management Tools:
Monitor intraday margin requirements, account exposure, and market risks in real-time to minimize potential losses while ensuring regulatory compliance.
Compliance Automation:
Fully compliant with FINRA/SEC regulations (including KYC/AML), day trading rules, OATS reporting requirements, Regulation-T margin calculations, and MiFID II standards.
Real-Time Buying Power & Margin Requirements:
Automatically calculate buying power and margin requirements in real time for portfolio management and risk mitigation.
Client Management & Reporting
Omnibus Account Support:
Consolidate trades across multiple clients into a single account for simplified execution while maintaining privacy.
Customizable Reporting Tools:
Generate tailored reports for regulators or clients with advanced charting tools for asset allocation tracking.
Integrated Security Master Database:
Automates corporate actions lifecycle management with reconciliation capabilities to protect client assets.
Integration & Analytics
API Integration:
Robust APIs enable real-time data exchange between ETNA Clearing and your existing systems for workflow automation.
AI-Powered Analytics:
Leverage AI-driven insights for social sentiment tracking and portfolio optimization across client accounts.
Mobile Accessibility:
Manage clearing operations on the go with mobile-friendly dashboards for iOS (iPhone/iPad/Apple Watch) and Android devices.
Multi-Custodian Flexibility:
Connect broker-dealers to multiple clearing firms simultaneously for diversified operations or add ETNA Clearing as a second solution for low-risk entry into self-clearing.
Multi-Execution Venue Support:
Seamlessly integrate with over 20 execution venues like DASH or Axos Clearing to optimize order routing across markets.
ETNA Clearing Processes Diagram
account opening
form
(ETNA OMS)
request
(ETNA OMS)
KYC via LexisNexis
(Clearing Ul)
request
(Clearing Ul)
order
(ETNA OMS)
banking
information
(ETNA OMS)
a deposit
(ETNA OMS)
approve
request
(OMS/Clearing)
sends transfer
to BMO Harris
Bank
performs
transfer
credits funds
to user
(Exchange)
(ETNA OMS)
(ETNA Clearing)
(ETNA Clearing)
(ETNA OMS)
(ETNA Clearing)
ACATS Request
(ETNA OMS)
approves
the request
(OMS/Clearing)
request to DTC
delivers assets
assets to user
transactions at EOD
transactions
to Mark customers' assets
Why Choose ETNA?
Validation at Every Stage
Ensure accuracy before clearing begins
to reduce errors and improve operational
efficiency around the clock
Capability
Accelerate settlement cycles
through instant processing
of trades
Integration
Seamlessly support fractional shares
alongside whole-share trading
for diverse portfolios
Trade cryptocurrencies alongside
traditional assets like equities or ETFs
while supporting multi-currency
transactions
*with multi-currency
(USD/CAD) & crypto support
Add ETNA Clearing as a secondary
solution or diversify operations across
multiple clearing firms
Connect seamlessly to over 20 execution
venues like Axos Clearing or DASH
Execution Venue for unified post-trade
operations
Tailor workflows, reporting templates,
APIs, dashboards, and fractional share
allocations to match your business
needs
Reduce operational costs through
automated processes that eliminate
redundancies
With over 22 years of experience
in fintech innovation, ETNA is trusted
by leading broker-dealers
Choose between server-based
or cloud-hosted solutions
for maximum flexibility
Handle high-volume trades
without compromising
performance or accuracy
Leverage AI-driven analytics for social
sentiment tracking and portfolio
optimization
all within a fully integrated ecosystem.
ETNA Platform Power: Fully Integrated Solutions
Portfolio management tools for rebalancing strategies and compliance tracking with client-specific reporting capabilities
Real-time trade validation paired with risk management tools ensures smooth post-trade operations across all asset classes while diversifying operational risks through multi-custodian setups
Enable clients to trade fractional shares of stocks/ETFs alongside cryptocurrencies while retaining dividends/voting rights
Provide clients access to trading tools anytime on any device—ensuring mobility without sacrificing functionality
Automate client onboarding processes while efficiently managing order routing and commission tracking
Fully customizable web-based terminals with advanced charting tools (50+ indicators), multi-leg options strategies builder, and watchlists/alerts customization
trading desks and back-office teams while delivering unparalleled efficiency.
