Boursorama has led the way in France, facilitating off-exchange trading of retail structured products in collaboration with the cats trading platform.
Enhanced transparency is provided by cats-mdh real-time market data, distributed via SIX Telekurs. Middle Office procedures rely on the cats-settlement feed for trade reconciliation and netting.
This initiative was driven by the three issuers BNP Paribas, Citi First and Société Générale.
Future client enhancements are set to follow in the coming months.