All Listed OTC Trading

• Interest Rate Swaps (IRS)
• Credit Default Swaps (CDS)
• Energy Swaps
• Non Deliverable Forwards (NDF)
• Equity Swaps
• Cash Settled Forwards (CSF)
• Agricultural Swaps

Cross-Asset, Multi-Leg Trading

FCM Pre-Trade Credit Checks

No ISDAs, CSAs

Full Source C++ Algo Engine

Pre-Trade Transparency

SDR Reporting

Customized Analytics, Charting

PRODUCTS & SERVICES

• 100% transparent central limit order book (CLOB) for swaps and other OTC cleared derivatives
• TeraDirect^TM, a full-featured cross-asset execution management system (EMS) connecting users to TeraExchange and other liquidity destinations that enables multi-leg trading of OTC cleared derivatives and related/underlying instruments
• TeraCheck^TM pre-trade credit checks
• Full service voice/block trade assistance
• FIX and FIX FAST connectivity to TeraExchange