Trade Desk
Allows trading on any liquidity (market makers and exchanges) from your own custodial account with no risk and multi-lateral netting and automated net settlement movements at the custodial level.
Institutional trading platform with full features
Collateral management tools integrated with custodial accounts
Integrated to full range of execution capabilities
CLOB Exchange
Dark Pool with crossing with the Lit CLOB
Liquidity Aggregation and Smart Order Routing for execution on outside venues
RFQ block trading platform for large off-exchange negotiated trades
Real-time clearing and settlement with Atomic Exchange of value on custodial blockchain ledgers
Real-time multilateral netting across all counterparties
Automated net settlement movements processed at custodial level
Integrated lending and borrowing marketplace without moving assets from custodians
Cross-custodian trading and net settlement movements
Real-time and historical reporting in blotters and reports
FIX APIs for Market Maker Quoting and Taker Trading
FIX Outbond Post-trade Drop Copies for delivery of trade executions into 3rd party systems
FIX Inbound Post-trade Drop Copies for trade netting, clearing and settlement of trading on third-party platforms
Rest/Websocket API for market data, orders, payments, and full platform data access
White label for custodians and brokerages
24x7 support
Custodian agnostic and multi-custodian capable
Truly tradable aggregation of liquidity across any exchanges, market makers or counterparties
Keep assets in your own custodial account
Zero counterparty credit or settlement risk
Maximum capital efficiency with cross-margining and real-time multilateral netting, clearing and settlement
Eliminates holding assets at exchanges, unsecured credit lines as well as bilateral settlements