- SpectrAxe and OSTTRA collaborate to streamline FX options trading.
- New platform reduces trade booking time to 1-2 minutes.
SpectrAxe, a leading provider of central limit order book (CLOB) trading for over-the-counter (OTC) FX options, has partnered with OSTTRA, a major player in post-trade solutions, to transform the FX options trading landscape.
This collaboration introduces a groundbreaking end-to-end service that covers the entire trading lifecycle, from price discovery and execution to booking and risk management.
By integrating SpectrAxe innovative CLOB platform with OSTTRA robust post-trade network, the partnership aims to significantly enhance efficiency and transparency in the market.
One of the most notable benefits of this integration is the dramatic reduction in trade booking times. While traditionally this process could take anywhere from minutes to hours, it can now be completed in a mere one to two minutes
