Multilateral Trade Registration (MTR)

Eurex introduced a new interface for the registration of multilateral wholesale transactions in equity options on July 1, 2008.

This new facility will further improve process efficiency particularly for brokers. Currently, Eurex provides members with the OTC Block Trade Entry a facility to enter and clear bilateral OTC trades. The Multilateral Trade Registration facility will allow members to register OTC block trades involving several counterparties.

A multilateral trade in this sense is a block trade for one buyer or one seller and multiple counterparties. Furthermore, the Multilateral Trade Registration facility allows a broker to directly enter the partial trades for the actual beneficiaries of the trade, so the broker has not necessarily to be a counterparty itself to the multilateral trade entered. Multilateral Trades will be accepted and cleared by Eurex after all counterparties involved have approved the trade. The new facility is supported for equity options only.

Different from the OTC Block Trade Entry facility, the Multilateral Trade Registration facility does not support options strategy trades.

Further information how to use the Multilateral Trade Registration can be found here: