OSTTRA MarkitWire is a cornerstone of the over-the-counter (OTC) derivatives market providing comprehensive trade processing and workflow solutions.
With a strong focus on automation and standardisation, the platform supports trade submission, affirmation, confirmation and clearing connectivity for more than 65 electronic brokers and regulated venues.
It offers a market-leading industry solution for the inter-dealer broker (IDB) and trading venue community – streamlining post-trade processes, reducing operational risk and improving efficiency.
Highlights:
- Broad asset class coverage: Supports a wide range of OTC derivative products, across interest rates, credit and equity
- Standardised workflows:
- Brokerage fee agreement workflow (46 currencies)
- Dealer to dealer (D2D) flows
- Dealer to client (D2C) flows
- Connectivity:
- Provides seamless connectivity to 12 central clearing counterparties (CCPs)
- Trade submissions across 8 venue types with multi jurisdiction reporting
- Extensive network:
- An active customer network of 260+ dealers and 1,600 end users
- End-to-End Solutions: Offers a complete suite of post-trade services, from trade affirmation and confirmation to clearing and regulatory reporting
Additional Features
- Auto processing (direct automatic STP to clearing)
- Dispute resolution
- Anonymous trade functionality
- Package trade clearing
- Bunched order for participating clients
- Package identifier fields
- Clearing and compliance reports
- Introducing broker workflow
For more information contact info@osttra.com or complete the form below.