MIBGAS now allows OTC transactions to be registered directly on its platform
MIBGAS Derivatives has implemented a new feature for all its agents to improve the registration of bilateral OTC (over-the-counter) transactions directly from a specific screen within the Registration and Consultation platform.
This new feature allows OTC transactions to be easily registered by selecting each of the necessary values from the various dropdown menus (product, buying agent, selling agent etc.) that can be seen in each agent's profile on the MIBGAS platform.
It also makes registration faster and more immediate than the methods currently used (and which can still be used) by uploading a .csv file, by email or through authorised brokers.
The feature has been added to those that MIBGAS has previously introduced to make it easier for agents to register OTC transactions in MIBGAS Derivatives.
All agents registered in MIBGAS Derivatives that can currently register bilateral OTC transactions, both directly and through authorised brokers, will now be able to enjoy easier MIBGAS registration.
MIBGAS Derivatives also offers the REMIT report of all transactions registered in the market, a service which is free of charge for all agents that have contracted the MIBGAS Derivatives product service.