On BlueNext Spot, for any instrument the lot size is now set to 1 ton on the Spot OTC Registration.
OTC registration & OTC clearing allow members to mitigate their OTC counterparty risk exposure by registering their position with BlueNext.
Brokers can become Registering Brokers on BlueNext Spot and BlueNext Futures.
BlueNext gives Registering Brokers access to web-based systems through which they can enter OTC interests from members of BlueNext. Confirmation is ultimately done by the trading members.
These services enable Brokers to access the whole pool of Members of BlueNext Spot and BlueNext Futures and add new liquidity for both BlueNext and Brokers. OTC Registration Systems are available from 8 am to 6:30 pm (UTC+1) for Spot and from 8 am to 5:45 pm (UTC+1) for the Futures.
Click here to find out more about how to Become a Registering Broker.