ClearCorp, a wholly owned subsidiary of CCIL, through its FX Options Dealing Segment, has launched OPTIX (OTC Platform for Trading in FX Options) on September 10, 2025. OPTIX facilitates trading of USDINR Forex Options up to 1 Year. All trades executed on OPTIX are eligible for CCIL’s Clearing and Settlement services, in compliance with the Bye-laws, Rules, and Regulations of the FX Option Guaranteed Settlement Segment.

OPTIX Trading platform can be accessed over the Internet through a web-based application consisting of two parts: OPTIX and OPTIX Analytics. OPTIX is the trading platform while OPTIX Analytics consists of functionalities for post trade activities, market data updation and Exercise/ Expiry processing.

Membership:

• Authorised Dealer Category-I banks and Standalone Primary Dealers authorised by RBI as Authorised Dealer Category-III, who are members of CCIL’s Forex Settlement Segment and FX Option Guaranteed Settlement Segment are eligible to obtain membership and trade on the platform, subject to the completion of documentation formalities.


• Trading activities on the OPTIX platform are governed by the Bye-laws, Rules, and Regulations of Clearcorp, along with the regulatory framework of the FX Options Dealing Segment.

SCREENS AVAILABLE ON OPTIX:

Following two trading screens are available on OPTIX platform:
(a) Central Limit Order Book (C.L.O.B)
(b) Single Options

(a) Central Limit Order Book (C.L.O.B) for Strategies:

• The ‘C.L.O.B for Strategies’ screen facilitates trading of 5 popular FX Option Strategies in Interbank Market (namely: ATMF, 10 Delta Risk Reversal (10D RR), 25 Delta Risk Reversal (25D RR), 10 Delta Butterfly (10D BF), 10 Delta Butterfly (25D BF). Trading facility in each strategy is available for 8 Standard Tenors ranging from O/N to 1Y.
• On this trading screen, orders are matched based on volatility-time priority. After the order matching, option trades (Calls/ Puts) for the specific strategy are generated and Strike and Premium for each option trade leg of the strategy is auto calculated based on Order Volatility and Notional, and other relevant market data. With each Strategy Trade, a Delta Hedge Forward trade is also booked.

 

(b) Single Options:

1) Delta based: Delta based Single Option Order Placement facilitates Single Option order placement for a specific delta and expiration date while the order matching is Volatility based.

2) Strike based: Strike based Single Option Order placement facilitates Single Option order placement for a specific strike and expiration date while the order matching is Volatility based.