Technology

Mercari operates on a purpose built, OTC trading and matching platform known as Mercari eSEF. Connectivity is available through the Mercari trader client or Mercari broker client.

Mercari was designed and built by OTC market professionals to incorporate standardised derivative product but also for OTC market conditions and conventions. Mercari offers differentiation for wholesale customers by offering advanced features to assist participants with managing their order and trade books, incorporating best practice trading, order management and audit features. In addition to trade and execution efficiency, Mercari also offers advanced security and audit functionality.

As an electronic system, Mercari meets user and regulatory requirements of fair, orderly, transparent and efficient markets, offering multiple market structures configurable at the product level.

Market Structures

If required the Mercari technology also offers multiple market structures configurable at the product and tenor levels.

Mercari can offer both request for quote (RFQ) and central limit order book (CLOB) structures delivered via intermediated (brokered) and disintermediated (direct) market models.

The flexibility of the Mercari technology is such that the price discovery model and distribution model can be set at the individual product level.

Distribution:

  • Direct Market Access
  • Via a Broker

Price Discovery:

  • Order driven markets – Request for Quote (RFQ)
  • Price driven markets – Central Limit Order Book (CLOB)

Mercari Desktop Application

Mercari Direct Production

For access to live Mercari Markets.

Registered access only

For more information- Mercari Operations

Go to downloads

Mercari Direct Demo

For access to Demo and Training Mercari Markets

Registered access only

For more information- Mercari Operations

Go to downloads