ION has prolonged its partnership with Sigma Broking.

The worldwide brokerage firm will deploy ION’s post-trade options to automate its center and back-office operations.

Sigma may also use the XTP Execution suite to permit clients to commerce listed derivatives on the London Metal Exchange.

Gary Pettit, CEO of Sigma Broking Ltd, says: “Sigma Broking is one of only eight Category 1 Ring Dealing members on the LME; ION’s XTP Execution further strengthens our front-office execution capabilities and infrastructure for trading commodities on the LME.”

Francesco Margini, chief product officer for cleared derivatives, ION Markets provides: “Using XTP Execution, Sigma is able to capitalise on additional opportunities on the LME, using integrated workflows and connected data for real-time insights.”