WHAT ARE THE OTC TRADING SPREADS?

A guide on how the OTC spreads work.

The trading spreads for using the Desk are as follows:

  • 0.1% per day for extension of the OVEX credit line (only applicable if the trader chooses to use our credit line)
  • ZERO trading fees

Specifically for TUSD:

  • No spread on USD/TUSD trades - these can be bought at the exact bank rate
    • Traders can lock in trades at the exact same time they book their SWIFT with OVEX's credit line
  • TUSD/ZAR trades are at market