Post-trade infrastructure provider OSTTRA had a remarkable year. Its recent efforts to improve integration, control and efficiency have had a tangible impact on its clients and wider market.
OSTTRA processes over 80 million trades a month while its Traiana range is a leading product in the tri-party space, used by leading prime brokers and across more than 100 venues. Its network connects over 2,000 firms, making it one of the largest post-trade networks in the FX market.
Additionally OSTTRA relaunched its cashflow affirmation product, combining two autonomous products into a more robust platform. The new platform supports a wider range of payment types, while offering better interoperability.
OSTTRA continued to refine its services to meet evolving client needs. Its newly launched FX PvP settlement service stands out, delivering enhanced flexibility to clients and having mitigated some $2.2 trillion in daily settlement risk since launch.
In a strategic move to streamline FX options trading, OSTTRA partnered with Spectraxe.