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Seamless Integration Between Voice Brokers & Clearing ServicesThe Terminal will combine all of the benefits of an OTC voice broker with the convenience of electronic trading in one easy tool. Too often, online exchanges experience limited liquidity in deferred markets. The bulk of online liquidity is in the first one or two months of the curve. The Terminal will change that. The difference is clear. Compare The Terminal to our industry competitors. The Terminal consistently offers what you need to get the job done.
So what have we done differently?The Terminal is the first of its kind Hybrid Online Trading site, combining the benefits of seamless online execution with the flexibility and market insight of a voice-broker. The Terminal will allow our brokers to work with the screen to enhance your trade execution. To improve price transparency, the site will be open to the entire OTC community by including trades closed by other brokers and trades completed directly between counterparties. Traders, Schedulers and Risk Professionals will have a single venue to view bids, offers, and completed trades across the entire curve for all products and - for the first time - see the full depth of the market from one source. All registered users will have electronic confirmations of any transactions they complete online or offline via our brokers or other brokers sent instantly to their desktop. In addition, Terminal users will have access to the all of the data the site generates through online, offline, brokered and direct transactions. We will compile and present this data in real time, as well as daily, monthly and annually for your analysis. The Terminal is powered by industry leader TradeCapture OTC. This Web-based screen allows traders to view bids and offers and negotiate transactions in real time with the click of a mouse. Access to all CME markets including NGLs, Olefins, Oil, Oil Products and Natural Gas is available within this one platform, and all transactions completed through this site will flow directly to the CME. All features and data will also be available through the Apple iPhone, via the first of its kind, proprietary Tap & Trade software. * ICE cleared swaps only, a fraction of the overall market |