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- OTC Spreads
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