News

The Open Deal Phase added to VolCall

June 2, 2014


 The Open Deal Phase added to VolCall

 

The Open Deal phase has been added at the end of the VolCall event. If the interest requester has entered a counter or traded in less than their requested amount, rather than the VolCall interest finishing and falling to the brokers, there will be a 1 minute Open Deal phase.


During this phase, any market participant is able to either improve the price shown to the interest, or trade with the interest.  Market participants cannot trade with other market makers - only with the interest.  During the Open Deal phase, there is no minimum or maximum size. 

At the end of the Open Deal phase, the interest will then fall to the brokers in the usual manner.

 

Please feel free to contact VolCall Support for all related queries:   

 
Email:           VolCall.Support@Tradition.com


London:        +44 20 7198 1640

Singapore:    +65 6534 1652

New York:    +1 212 943 6365