What is OTC Trading?

Orbital's Over-the-Counter (OTC) trading service enables clients to exchange fiat and digital currencies directly through our dedicated trading desk. OTC trades are off platform and are personally handled by our trading desk team. We support a wide range of emerging market currencies in addition to major fiat pairs and crypto assets.

Key Features

1. Wide Currency Coverage: Trade across an extensive range of currency pairs:

• Major fiat currencies: USD, EUR, GBP, and other established pairs
• Emerging market currencies: Access to less liquid markets and regional currencies
• Digital assets: Convert between fiat and leading cryptocurrencies
• Cross-currency trades: Fiat-to-fiat, fiat-to-crypto, and crypto-to-crypto exchanges

2. Transparent Pricing Options: Orbital offers two pricing approaches to suit different trading needs:

• Live Quotes: Real-time pricing provided on-demand by our trading desk. Live quotes reflect current market conditions and are valid for immediate execution once accepted. This option is ideal for time-sensitive trades or when you need specific execution requirements.
• Daily Rates: Indicative reference rates updated daily to provide general market pricing visibility. Daily rates are useful for budgeting and planning currency requirements but are not binding until a live quote is requested and confirmed.

3. Dedicated Trading Desk Support: Our experienced traders are available during market hours to assist with:

• Quote requests and pricing inquiries
• Trade execution and confirmation
• Settlement status and reconciliation queries
• Market insights and currency availability

4. Manual Settlement Process: All OTC trades are carefully processed by our Settlements team to ensure accuracy, compliance, and security. Each trade is individually verified and reconciled, with clear confirmation and settlement documentation provided upon completion.

Ready to execute a trade? See our The OTC Trading Process for step-by-step instructions.

Need Help?

Contact your dedicated Relationship Manager or reach out to the Orbital trading desk during market hours.