New platform enables private banks to compare real-time prices from multiple issuers and execute DCNs through a single digital workflow.
London, 23 September 2026 – OTCX Trading Limited (OTCX) today announced the launch of its multi-dealer Dual Currency Note (DCN) platform, enabling wealth managers to access streaming prices from multiple issuers and move from pricing to click-to-trade execution through a single digital workflow. The new solution marks a significant advancement in structured products distribution, combining multi-issuer access, automated execution and operational efficiency within one platform.
Developed following engagement with market participants, the platform brings together multiple liquidity providers within a single ecosystem, providing a streamlined way to access, price and execute Dual Currency Notes while expanding issuer choice and improving workflow efficiency.
Geraldine Laussat, Global Head of Structured Products at OTCX, commented:
"We are delighted to expand our structured products offering to include Dual Currency Notes. As a fast-moving asset class, foreign exchange requires efficient access to liquidity, transparent pricing and execution. Our platform enables private banks and wealth managers to access streaming prices from multiple issuers and move directly to click-to-trade execution through a fully automated workflow, helping clients improve efficiency while maintaining strong regulatory controls."
As demand for structured investment solutions continues to grow, wealth managers are increasingly seeking greater flexibility, broader product access, enhanced price transparency and more efficient execution workflows. OTCX's multi-dealer model addresses these requirements by replacing traditionally fragmented processes with a single point of access to multiple issuers.
Through the platform, users receive streaming prices from multiple issuers in real time, enabling efficient grid-based price discovery and transparent comparison of opportunities. Clients can then move directly from pricing to click-to-trade execution within a single digital workflow, reducing operational complexity and accelerating transaction execution. The platform supports standalone use, suitability-enabled processes and deep integration into private bank systems, helping institutions scale structured product activity while strengthening control across the trade lifecycle.
"Designed in partnership with leading private banks and issuers, this initiative delivers efficient grid price discovery and click-to-trade capabilities for Dual Currency Notes, supporting both advisors and execution desks through standalone, suitability-enabled, or fully integrated workflows via best-in-class APIs." - Idriss Farhat, Head of Product Management Structured Products at OTCX
The platform launches with its first wealth manager now live, marking the first step in OTCX's broader rollout of the offering. Additional issuer integrations are planned as the firm expands access across international markets.
The launch represents an important milestone in OTCX's continued investment in technology-driven capital markets infrastructure. By working closely with issuers and private banks, the firm aims to modernise the distribution of Dual Currency Notes globally while creating a more connected, efficient and scalable marketplace for structured products.
