OTC market
Commodity Exchange Bratislavava provides guarantee systems for traders, so that they can be sure that other party will fullfill the contract. OTC market is here for those, who does not want to use any guarantee system provided by the exchange.
With OTC market, you don't need money nor carbon credits present at your account. Exchange does not provide any guarantee, that contract will be settled. You will receive contact information of your counter party, and you will then make your own process to pay and deliver credits.
Time schedule
- Insert order - You can insert any order into the system.
- Contract - After contract has been created, contact information are exchanged between buyer and seller.
- Contract payment and delivery - You need to agree with your counter party conditions of payment and delivery.
This system does not bring any assurance that contract will be fullfilled. Please see Guarantee system 1 or Guarantee system 2 for more details about guarantee systems.