The TeraExchange SEF provides market participants with a unique opportunity to trade a range of OTC derivatives using an array of fully compliant execution models.
As well as its anonymous multi-asset central limit order book (CLOB), TeraExchange offers request for quote (RFQ), request for market (RFM) and indication of interest (IOI) trading protocols. Products include interest rate swaps, credit default swaps, FX/NDFs, and equity derivatives. Clearing is integrated through CME Group and LCH.Clearnet. Additionally, TeraExchange is the world's first regulated bitcoin derivatives platform, listing forwards ranging from overnight to two years in tenor.
With benchmark and customized derivatives trading, TeraExchange enables participants to precisely hedge, consolidate or terminate risk positions.Features
Participants of TeraExchange Swap Execution Facility enjoy the following features at no cost.
TeraDirect is a full-featured Execution Management System (EMS) for trading OTC cleared derivatives, as well as the equities, futures, fixed income and options markets.Read More
TeraExchange offers real-time trading and clearing limits through our proprietary TeraCheck Risk Management System, ensuring compliance with the Commodities Futures Trading Commission (CFTC) clearing mandate.Read More
TeraExchange provides participants with superior flexibility and choice of how they access its swap exchange facility.Read More
Products include interest rate, credit default, foreign exchange and digital commodity contracts.Read More