OUR PROCESS

ODP Market Operations

Clearing & Settlements

As a self-clearing ODP, Radar ATS acts as central counterparty for all non-centrally cleared OTC transactions, which are cash-settled with no physical delivery. We guarantee settlement of all effected trades.

Netting and Compression Policy

Our compression service reduces portfolio positions and notional values by offsetting compatible trades, lowering transaction costs and enhancing capital efficiency for active participants.

Compliance

Stringent AML/CFT controls apply to all participants and transactions, including sanctions and terrorist financing prevention.

Due diligence

Participant onboarding and ongoing verification use independent, reliable sources.

Monitoring

Regular screening against global databases for sanctions, PEPs, and adverse media.

Screening

Real-time screening of settlement and collateral cash transfers.

Accounts

In compliance with Financial Markets Act Conduct Standard 2 of 2018, we maintain segregated structures:

  • Participant Proprietary Account (Account 1): an account where a Participant’s proprietary positions and assets are registered
  • Participant Omnibus Client Account (Account 2): an omnibus account where Clients’ positions and assets are registered
  • Segregated Client Account (Account 3): a segregated account where Clients’ positions and assets are registered

Segregation of Funds

Collateral and settlement cash held in segregated fiduciary accounts at AA-rated banks.

Full Support Service

Our Johannesburg-based Market Operations team provides 24/7 institutional-grade support. Via the Radar ATS: Spartan interface, participants manage liquidity, collateral, deposits/withdrawals, and generate/download trade and account reports.