OTC Exchange Network ("OTCXN") leverages its own proprietary blockchain technologies to operate a permissioned, peer-to-peer trading network solving the biggest problems facing all market participants; starting with the OTC Spot FX market.
OTCXN’s total end-to-end solution includes a suite of real-time services, such as collateral management, pre-trade credit checks, liquidation risk management, counterparty risk and liquidity management, instantaneous clearing and settlement, and post-trade messaging including netting based on inbound messages for trades done away from the network.
Additionally, OTCXN’s total solution provides a software gateway to financial institutions that facilitates tokenization and reservation of collateral for members’ leveraged trading without OTCXN holding or controlling the collateral.
Participating Prime Brokers are provided with real-time pre-trade credit controls, client kill-switches, real-time trade matching proofs, auditable post-trade messaging, and permissioned API access to the immutable audit ledgers. OTCXN supports asymmetric bi-lateral relationships based on counterparty credit rating, Prime Broker credit lines, and/or reserved collateral.
OTCXN’s blockchain fabric is available as a stand-alone offering for enterprises that require ultimate flexibility, unparalleled performance, and strict data privacy.