OTC FX Microstructure

OTC FX Prime-of-Prime Margin Conduits: Cross-Venue Spread Compression and Credit Intermediation Audit

An institutional audit of how non-bank OTC FX dealers and prime-of-prime aggregators intermediate Tier-1 credit lines across G10 and EM currency pairs.

FXOpen Ledger (fxopenledger.com) audits OTC FX Microstructure under Alistair Kerr, CFA (CFA, Former G10 Prime Brokerage & OTC Liquidity Desk Head).
Primary registry reconciliation against Bank for International Settlements (BIS) (BIS) eliminates unverified counterparty and clone-entity exposure.
Domain equation Spread_PoP_bps quantifies execution, safeguarding, and prudential thresholds across FXOpen Ledger.

24 Oct · Alistair Kerr, CFA

FX & CFD dealer register

Licence and warning records from our imported dataset, shown with their source status. Inclusion is not an endorsement or a regulatory finding.

Coverage: Global foreign exchange, CFD and currency-pair dealers outside regional registers

Institutions →Regulators →Risk alerts →

Institutions: 1,868
Regulators: 182
Licence records: 10
Warnings & complaints: 0

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