Multilateral Trade Registration (MTR)We offer clearing services for OTC trades that are bilaterally negotiated and entered into the Eurex® system. On July 1, 2008, Eurex introduces the Multilateral Trade Registration Facility - a new user-friendly OTC trade entry facility for equity options. This expands the suite of OTC functionalities that we clear. This new facility further improves process efficiencies by allowing members the opportunity to register OTC Block Trades involving multiple counterparties with automated confirmation. In this context, a multilateral trade refers to a block trade for one buyer or seller but with multiple counterparties. For equity options, the block trade fee caps are also applied to all partial trades entered via the Multilateral Trade Registration Facility providing you with a real cost benefit. Regardless of the order size, fees apply only up to the fee cap as large orders do not have to be split into several bilateral block trades - multiple legs - one fee. This new facility will further leverage the benefits of the Clearing House as the central counterparty to OTC trades.
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