OSTTRA rolls out new FX timing solution
The post-trade infrastructure provider has added a new capability aimed at resolving timing mismatches in FX valuations.
The post-trade infrastructure provider has added a new capability aimed at resolving timing mismatches in FX valuations.
The French bank joins a consortium of global banks investing in the post-trade infrastructure provider.
The past week has seen various moves across equities and FX.
The move will complement OSTTRA’s existing solutions, which include buy-side trade processing, and will provide clients with greater access to automated, real-time oversight and streamlined operations.
Citadel and Wells Fargo completed the inaugural transaction on Tradeweb’s swap execution facility (TW SEF), with post-trade processing delivered through OSTTRA’s MarkitWire platform.
Experts from LSEG, OSTTRA, DIGITEC and RTX Fintech & Research examine the 2026 landscape for foreign exchange, as electronic trading seems set to transform interdealer FX swaps in particular and modernise the market throughout the course of the year.
The swaps were cleared through HKEX’s OTC Clear service; the firm said the expansion bolsters its position in the post-trade optimisation sphere in Asia.
The move marks a further expansion of the service’s current clearing house coverage, which also includes LSEG’s LCH, CME Clearing and Japan Securities Clearing Corporation (JSCC).
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.