Why AEGIS Markets? + We believe in a world which is increasingly fragmented, people want to trust their circle of connected relationships. AEGIS Markets is the trusted connector for the OTC commodity hedging community.
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What is AEGIS Markets? + AEGIS Markets is a Swap Execution Facility (“SEF”) that delivers transparent execution of OTC swaps through an online Marketplace. Close | |
How does the Marketplace work? + You create and submit a Request for Quote (“RFQ”) to one or more ISDA-facing Dealers. You choose the winner, the Dealer accepts, the trade is booked, you receive a Communication, and you can review Trade Insights. Close | |
What are Trade Insights? + Trade Insights are unique trade analytics. They track deals invited, participation, rankings, response times, win/loss ratios, and trading trends over time. This helps you manage your Dealer relationships. Close | |
What are the benefits of transacting on AEGIS Markets? + Transparency. Efficiency. Nimbleness. Speed. More volume. Time savings. Less errors. Audit Trail. STP (see below). Execution savings. And boosts relationships by managing Participation data in Trade Insights. Close | |
How do I save money by using the Marketplace? + Dealers have shared that price transparency on the platform sharpens the spread, delivering improved pricing to their clients. Close | |
Does AEGIS Markets replace phone, email, and chat methods for executing swaps? + Yes. While you can always continue to use old legacy methods for transacting swap hedges, the new process brings an array of benefits that make it easy to do your financial swaps online. Close | |
What support is there for mid and back office? + You can have an unlimited number of “View Only” users who see all deals. Each Deal Done is sent via email to your distribution list. There is an optional “approver” function. These add controls which auditors love. Close | |
Can I get Straight Through Processing (“STP”) of deals to my E/CTRM? + Yes. We have an easy to implement API which is offered free to all Participants. This saves time, eliminates errors, and ensures that all done deals are captured by your accounting/treasury function. Close | |
Is AEGIS Markets regulated? + Yes. AEGIS SEF, LLC, dba AEGIS Markets, is registered with the CFTC as a SEF. This gives you confidence that the transactions executed on AEGIS Markets are adhering to all existing regulations for Commercial End Users. Close | |
What do I have to do to join the Marketplace? + Sign a CFTC-vetted Participant Agreement. Perform prompt onboarding with a training session + assignment of users and you are ready to go. Close | |
Are all of my Counterparties online? + Most, if not all of them, are on AEGIS Markets. The Marketplace has 31 Dealers representing $3T in Market Cap. They are some of the largest liquidity providers, including banks, hedge funds, and merchant energy firms. Close | |
Can I still invite one or all of my Dealers to any hedge transaction? + Yes, the Marketplace replicates the same process you use right now. You can invite any set of Dealers, and accept any price, even if it’s not the most attractive if you want to steer business to a particular counterparty. | |
What does it cost? + AEGIS Markets is free for Market Participants. Your dealer pays a de minimis transaction fee only when they win a deal.. Close | |
What advantages are there for my Dealer if they have to pay a fee? + Dealers get access to clients like you on the platform, which helps them expand their business. They benefit from efficiencies such as STP and faster reporting. They are able to access powerful insights on client and industry hedging allowing them to cultivate stronger relationships with their clients. Close | |
