Credit and settlement, consolidated into one counterparty
The credit, counterparty and settlement infrastructure that makes the book tradable. One counterparty relationship in place of multiple bilateral lines, for eligible institutions.
Institutional market access, without a Tier-1 build
MEX PB gives eligible institutions access to an institutional electronic market without building or qualifying for a direct Tier-1 relationship of their own. Institutional market access and credit are provided, backed by MultiBank Group.
One counterparty relationship replaces multiple bilateral lines. A single net-open-position line is set per member and enforced in real time. Pre- and post-trade controls apply at the point of order, and there is one settlement, through MEX PB, physical and net.
- One counterparty for credit and settlement
- A single net-open-position line, enforced in real time
- Pre- and post-trade credit controls at the point of order
- Consolidated physical and net settlement
For eligible institutions
MEX PB services, including prime-broker access, credit provision, trading lines, margin facilities and settlement, are available to eligible institutions only, subject to credit approval, satisfactory documentation, jurisdiction, product and agreed terms.
Explore this pillar
MEX PB services are available to eligible institutions only. They are subject to credit approval, satisfactory documentation, jurisdiction, product and agreed terms. Prime brokers, clearing agents and counterparties are not named externally.
One counterparty across the corridor
Check eligibility, or explore how execution and connectivity complete the ecosystem.