Block Trading
Several futures exchanges allow for large transactions meeting certain defined criteria to be privately negotiated and transacted off the exchange. These are known as “block trades”. Upon being reported to the relevant exchange, the transaction becomes centrally cleared, and the parties to the transaction no longer have counterparty exposure. Block trading allows a party with a desire to engage in a large sized transaction to access a different and often deeper pool of liquidity than regular pit and electronic trading. Block trading also gives the parties greater anonymity than traditional means of trading.
As the demand for block trading has increased, DRW Trading Group has created a Block Trading Desk with a mandate to provide parties interested in block transactions with competitive, deep and timely markets. DRW provides block trade services for futures and options in a variety of instruments, including: CME Eurodollars, CBOT Treasury products, Eurex fixed income contracts (Bund, Bobl and Shatz) and LIFFE fixed income contracts (Euribor and Sterling).
For more information, please contact us via e-mail at wholesaletrading@drwholdings.com, or by phone at 312-542-1090.
