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Glossary

Over-the-Counter (OTC)

Trading done directly between two parties without the supervision of an exchange.

Over-the-Counter (OTC) News

ISDA Digital Regulatory Reporting takes effect in Australia and Singapore

The updated regulations aim to enhance transparency and oversight in OTC derivatives markets in Singapore and Australia

Industry
BNP Paribas integrates Pirum connectivity in Triparty Collateral Services

Mutual clients will be able to connect via Pirum services to fully automate margin calculation, agreement, and instruction, as well as collateral management and optimisation

UK EMIR reporting regime comes into force

All newly entered or modified derivative trades at both trade and position levels need to comply with the new requirements

Industry
DTCC and Cboe Clear Europe introduce new clearing workflow

The companies say the offering will increase post-trade efficiencies while providing clients with the benefits of an established risk management counterparty

OSTTRA partners with Baton to limit FX settlement risk

Baton will provide its distributed ledger technology to deliver the service which has been designed to limit FX settlement risk, or Herstatt Risk

Industry
Elwood receives FCA authorisation

The authorisation specifically applies to the company’s execution management system in reaction to security tokens and derivatives, which allows clients to connect to and trade on global crypto exchanges and over-the-counter venues

Fortune Prime Global picks TRAction

TRAction will provide over-the-counter derivative reporting compliance in line with Australian Securities and Investments Commission requirements

Industry
Hidden Road launches prime brokerage offering

The offering will be run from Hidden Road Partners CIV UK, with front-end and matching technology provided by Crossover Markets