Benefits of ASX Equity FlexClear™
- Flexibility to specify maturity, option type, exercise price and exercise type.
- OTC option trades reported to ASX are 100% confidential with complete end to end anonymity.
- No ISDA agreement required.
- ASX acts as Central Counterparty, independent valuation and corporate actions agent.
- Positions offset with ETOs.
- Participants can enter a trade with one counterparty and exit via another.
- Position netting for back to back transactions.