For Trading Operations Teams

Trade reconciliation for operations teams

Loqsea centralises trade data, reduces duplication and improves transparency between front office and risk.

Loqsea Technology is a cloud-based CTRM, a trading and risk management platform for commodity derivatives desks. For Operation Teams, that means trades matched and breaks surfaced within the session, with one shared source of trade data instead of separate copies moving between front office and risk.
Loqsea blotter
Why legacy CTRMs fall short for operations teams

Three things that compromise your trading data

Traditional CTRM platforms were built for back-office operations, not intraday decision-making, which is why P&L updates and exposure calculations lag exactly when speed matters most.

Manual reconciliation volume

Daily reconciliation across brokers, clearing members and counterparties is high volume and largely manual, and one day of breaks can absorb most of the team's capacity.

End-of-the-day reporting not live

Breaks that surface the following morning cost more to resolve, because counterparties have moved on and positions have changed.

Complexity outpacing capacity

Adding exchanges or instrument types adds reconciliation complexity faster than it adds capacity.
The platform

What real-time commodity derivatives risk management looks like

Legacy CTRM platforms capture trades well enough, but reconciliation still means manual matching against broker statements, and breaks only surface after the fact. Loqsea closes that gap from inside the platform, not alongside it.

Blotter and reconciliation

Manual entries and exchange trades in one grid, matched against broker and clearing statements from the same screen.

Automatic trade capture

Fills arrive over FIX connectivity and land in the blotter without manual entry.

Book comparison

Compare positions across books without exporting into a separate reconciliation file.

Processing errors

Breaks and exceptions surfaced as they happen, not discovered at the next day's run.

"We have used Loqsea over the last five years or so. Having used several other risk systems, I can confidently say this is the best."

Trader, Sonas Commodities

Why Loqsea Technology

Discover why desks are replacing their legacy CTRM with Loqsea Technology. 
Read our CTRM Alternative - Evaluation guide to find out more.

Built to match trades without manual input

Trades captured over FIX are matched against broker and clearing statements automatically, without the team entering data by hand.

Built to surface breaks within the session

Breaks appear as they happen rather than at the next morning's reconciliation run, while the counterparty is still available to resolve them.

Built to absorb new exchanges without new process

Adding an exchange or instrument type extends the same reconciliation workflow rather than requiring a new one to be built.

Exchanges we cover

Connected across major all exchanges, including the ones your metals book is most likely to touch.
Common questions

Frequently asked questions

Loqsea Technology is a cloud-based CTRM built for commodity derivatives desks. It matches trades captured over FIX against broker and clearing statements automatically, without manual entry, giving operations teams real-time reconciliation as part of the wider platform rather than a standalone tool. Breaks surface within the session rather than at the next day's run, so the team spends its time resolving exceptions instead of hunting for where a mismatch first appeared.

When a break is found the next morning, the counterparty has often moved on and the position behind it may already have changed, which makes tracing the mismatch harder. Loqsea Technology surfaces breaks within the session, while the trade and the counterparty are still active, so resolution takes less time and less back and forth.

Yes. Loqsea Technology connects via FIX to exchanges including ICE, CME, LME, CBOT, EEX, EUREX, SGX and SHFE, and reconciles trades from each one through the same blotter and matching process. Adding a new exchange or instrument type extends that existing workflow rather than requiring a separate reconciliation process to be built for it.

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See reconciliation without the manual step

Schedule a demo and we will walk through matching your trades and surfacing breaks the way your team actually works.
For the modern trader.
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