MIBGAS Derivatives also offers its agents the possibility of registering bilateral OTC (over-the-counter) contracts.
All products with physical delivery in the PVB and TVB traded on MIBGAS and MIBGAS Derivatives (except for Within-day and Weekend products) are available for OTC registration through MIBGAS Derivatives and are settled by the OMIClear clearing house.
In addition, PVB and TVB D+1 products can also be registered, with MIBGAS Derivatives responsible for their settlement.
This image shows the list of products available for OTC registration and the settlement alternatives:
To register OTC transactions it is necessary to be registered in MIBGAS Derivatives.
These trades can be registered directly by the agents or through authorized brokers.
The process to register in MIBGAS Derivatives is very simple and, as in MIBGAS, agents may participate in the market directly or through a representative.