EnglishAbout our OTF
Marex SA has been authorised by the French National Competent Authorities (AMF and ACPR) to operate an Organised Trading Facility (OTF). Marex SA OTF services will be available from its Paris and London locations.
Marex SA still provides OTC services for all products traded on the OTF, except those which are under an obligation to be traded on a trading venue.
Marex SA offers best execution to its clients. As such and in compliance with the regulation, the OTF Operator has a discretion to place or not a client order into the OTF unless its receives a client instruction to execute the order outside the venue.
When the Marex SA OTF Operator places an order into the OTF, he will manage to always meet the conditions of multi-laterality in making sure there are always three available clients interacting on the order it places.
The structure of Marex SA OTF is described in the table below:
| Legal Entity | MIC Code | OTF Segment (1) | Code MIC segments | Trading Protocol | Trading System |
| Marex SA
LEI Code 969500AMLHB21RACL168 |
HPCX | Commodity-related derivatives (2) | HPCS | Hybrid / Electronic | HPC Energy Trading |
| Bonds | HPCO | Hybrid / Electronic | HPC eTrading | ||
| Interest rate and currency derivatives | |||||
| Inflation linked derivatives | |||||
| Bonds | HPCV | Voice | HPC Voice OTF | ||
| Interest rate derivatives (except options on swaps)
Currency derivatives |
|||||
| Equity Derivatives (3) |
(1) For details on the products traded on the OTF see General Rulebook.
(2) Only Wholesale energy products that must be physically settled fulfilling the conditions set out Article 5 of Delegated Regulation (EU) 2017/565.
(3) When the Equity Derivative traded on the OTF has a cash equity hedge, the hedge will not be traded on the OTF in any case.
