ASX Equity OTC Clear

ASX Equity OTC Clear is a flexible, secure, and offsetting clearing service tailored for buy-side customers as an alternative to over-the-counter (OTC) options trading.

Benefits of ASX Equity OTC Clear

  • Flexibility to specify maturity, option type, exercise price and exercise type.
  • OTC option trades reported to ASX are 100% confidential with complete end to end anonymity.
  • No ISDA agreement required.
  • ASX acts as Central Counterparty, independent valuation and corporate actions agent.
  • Positions offset with ETOs.
  • Participants can enter a trade with one counterparty and exit via another.
  • Position netting for back to back transactions.

ASX Equity OTC Clear Brochure (PDF 196KB)

 

Operational Details for ASX Equity OTC Clear

The following documents can be referred to for deal report procedures and lodgement.

Phase 2 Launch Details

  • Expected Q1 2013
  • Expanded to cover entire ETO universe
  • 4 year expiry Cap
  • Listed ETO expiry dates will be available (subject to regulatory approval)

Reporting Hours

  • 10.00am to 3.30pm AEST