OTC Spreads
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      3. 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