CME and S&P offload OSTTRA in $3.1 billion deal
Deal is expected to close in H2 2025; current co-CEOs Guy Rowcliffe and John Stewart will remain at OSTTRA and continue to lead the company.
Deal is expected to close in H2 2025; current co-CEOs Guy Rowcliffe and John Stewart will remain at OSTTRA and continue to lead the company.
The offering works from price discovery through to execution, booking, and risk management within the FX options market – combining SpectrAxe’s price discovery and execution CLOB with OSTTRA’s post-trade network.
New service will be delivered on distributed ledger technology (DLT) from Baton Systems and will help increase market-wide access to PvP, addressing FX settlement risk concerns.
Participants across Liontrust Asset Management, BidFX, OSTTRA, and Integral explore the not so silent elephant in the room, T+1 settlement and its impact on foreign exchange, and more.
Participants from Manulife, CME Group, OSTTRA and Siege FX unpack what they expect 2023 will hold for the foreign exchange markets.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Post-Trade Services Provider this year: including DTCC, Deutsche Börse, Euronext, LCH and OSTTRA.
Phase 6 of the Uncleared Margin Rules has been implemented today, with the regulation having the biggest impact on the buy-side yet. Industry experts react to the deadline, giving insights on where we stand today.
Through the partnership, BidFX clients will be able to submit trades directly to leading CCPs.
As the implementation of the Central Securities Depositories Regulation (CSDR) and the Settlement Discipline Regime loom, these industry participants see post-trade regulation as a key theme to watch.
The market is looking to clear more OTC equities flow to benefit from settlement and capital efficiencies.