TES Type OTC
TES Type OTC
Trading participants can settle OTC transactions via the proven infrastructure of the Xetra trading platform. For example, after a trade has been concluded by telephone, one of the trading partners enters the agreed trading parameters into the corresponding Xetra window, the other trading participant checks and confirms the data. If this confirmation is not received, the entry is deleted at the end of the day. OTC transactions are possible for all order sizes.
Clearing and settlement takes place via the exchange's proven post-trading systems. However, with this type of trading the necessary transparency must be provided by the trading participant himself and the corresponding reporting must be carried out.