White paper

The evolution of the derivatives market

The purpose of this paper is to discuss how the use of auction technology can increase liquidity in OTC derivatives.

The use of auction technology can increase liquidity in OTC derivatives, which in turn, may lead to greater transparency, liquidity, and the ability to clear the trade through a clearing service. A derivatives exchange is a central exchange where people can trade “standardised” agreements of a specific quantity and quality of a commodity or financial instrument at an agreed future date, backed by a Central Clearing Counterparty (CCP).

Download the white paper to learn:

How NovaFori's auction-based technology system put in place price discovery to optimise pricing in the OTC derivates market by creating competitive tension between buyers and sellers, more effectively than merely having an online system.

Key topics covered:

  • The role of the Derivate Markets
  • The move to digital trading
  • Why liquidity is key
  • OTC Case study