Unlock the potential of some of the world’s fastest growing markets. Gain direct access to securities from 37 countries through one central order book.
The IOB offers easy and cost efficient access for traders looking to invest in fast growing economies, for example, in Central and Eastern Europe, Asia and the Middle East via depositary receipts (DRs).
The service is based on an electronic order book similar to SETS but with the added option for member firms to display their identity pre-trade by using Named Orders, offering you greater visibility in the market.
Default settlement location
The IOB does not operate a central counterparty – trades are settled bilaterally by the firms concerned. Upon execution each firm party to an automated trade is notified of its counterparty.
Settlement takes place in a default location, either Euroclear Bank or Depositary Trust and Clearing Corporation (DTCC) as specified by the Exchange for each DR. For the default settlement locations of the DRs on IOB please refer to the IOB stock list in the download section.
IOB Participants
To access information on member firms in the UK and around the world, including those with access to the IOB, please visit our member firm directory. You can also search by a firm’s name or search for firms’ DTC or Euroclear Bank codes.
Access
Should you wish to have access to the IOB, please contact the Client Implementation Team on +44 (0)20 7797 3232 (21 days written notification is required).
Queries