OSTTRA is an equal JV between CME Group and IHS Markit (now S&P Global) and is a leading provider of post-trade solutions for the global over-the-counter (OTC) markets across interest rate, FX, equity, and credit asset classes.
CNBC-TV18's banking editor Latha Venkatesh explains that there was such a huge buying of dollars in the currency futures market that the RBI action in the OTC market was stalled