OTC Spreads
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      WHAT ARE THE OTC TRADING SPREADS?

      A guide on how the OVEX OTC Desk 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 USDT:

      • No spread on USDT 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.
      • USDT/ZAR trades are at market.