2min chapter

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Days of Futures Past Episode 6 | Dan McElduff and Joe Raia, Abaxx Exchange

SmarterMarkets™

CHAPTER

The Importance of Embracing the OTC Brokers

The system was coming together. We knew we wanted to embrace the OTC brokerage community, which had always really avoided us because they were entirely focused on OTC bilateral trades. So it was decided to gather and invite this group of OTC brokers. And that not only were all the brokerage firms represented, but in many cases, the principals of the firms were there. It was clear from that moment that we were on to something.

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