OTC Products

Over-the-counter (OTC) products are available through StoneX Markets LLC (SXM). OTC products are designed to deliver benefits similar to exchange-traded futures and options, but can offer customizable terms (e.g. non-standard quantities, strike prices, expiration dates, etc.) that align more closely with a customer’s unique hedging needs. They can range in complexity from swaps, which behave like conventional futures and options, to structured products, in which multiple contracts combine to pursue a larger strategy. In all cases, OTC products aim to create more flexible, customizable solutions for each customer’s specific needs.

Experience matters

SXM was one of the first non-bank entities registered provisionally as a swap dealer with the Commodity Futures Trading Commission. SXM market makers draw on backgrounds in banking, commodity futures trading and physical merchandising, and on perspectives gained both on exchange floors and in multi-screen, algorithmic trading environments. This gives us a unique view into the markets – and helps us identify potential opportunities.

Solutions across the commodity complex

Today, SXM serves customers looking to manage their exposure and find liquidity in grains, softs, energy, dairy, livestock, metals, lumber, pulp, and other commodities, as well as foreign currencies and interest rates. For customers, product quotes are available through our brokers, or can be requested through our online SPOC tool.  If you trade these markets, we encourage you to learn the benefits of OTC products, what types of instruments are available, and how your FCM broker and SXM can help customers find the most suitable solutions for their risk management needs.