FM Liquidity Match

Finery Markets eOTC-as-a-Service is a step further from our groundbreaking marketplace approach while dealing with Liquidity Providers.

“To create something genuinely new, you have to start again, and we believe that with great intent we have opened a whole new world for businesses dealing with crypto.”

Konstantin Shulga, CEO and Co-Founder of Finery Markets

Go beyond an execution venue, delegate to us what interferes with your growth

eOTC-as-a-Service will provide an All-in-One solution to

• Create a sub-account structure to manage your clients

• Stream quotes from other LPs with or without your quotes to the accounts of your clients

• Aggregate liquidity from multiple LPs for a subsequent reselling using our Matching Engine (Bot)

• Control markup and overnight rates per client

• Risk management system to control the mark-to-market value of the customers' assets

How will I benefit from eOTC-as-a-Service?

Prime Brokers

Enhance Prime setup with benefits of electronic OTC access: Post-trade settlement, Firm aggregated liquidity, Minimal market impact

Liquidity Providers

Utilize Finery Markets' GUI, API and Matching engine for client management, reporting. Enrich your liquidity or have a backup contingency plan with this product

OTC Desks

Automate your client operations with reselling firm aggregated liquidity from Liquidity providers on Finery Markets

Payment Institutions

Give your merchants an efficient and elegant API or GUI face to hedge and execute their trades, while you maintain control of their markups. No IT development is required on your end.

Lending Desks

Add liquidity provision service with no need to perform any technical setup. Simply have the necessary crypto-licensing.

Crypto Businesses with multiple legal entities

Streamline operations between the entities. Onboard once and share the liquidity between the entities while having an overview of the group-wide exposure. And one thing, it could be done all through 1 API connection.

FAQ

How would it work on one of the examples?

Let's imagine you are a Liquidity Provider that is currently operating through a messenger or a phone to execute trades and wish to go digital:

1. You would talk to one of the people on the sales team of Finery Markets to get an account

2. Go through KYC with the preferred liquidity providers (LPs for short) on the platform. You will choose them based on pairs, banks, and jurisdiction

3. You will set up a trading limit with the LPs

4. Issue a maker sub-account to stream your liquidity. Set up a limit for the maximum value of the orders posted

5. Log in to maker sub-account

6. Issue API keys and stream prices using the key

7. Add your clients by adding taker sub-accounts

8. Set up a limit, markup, and margin requirement (if needed) for your client

9. Start trading. The system will automatically aggregate and execute based on the best bid or ask

Or let's imagine you are an OTC desk that is looking for a contingency plan or needs to add more liquidity to the offering, or you wish to outsource liquidity aggregation:

1. You would talk to one of the people on the sales team of Finery Markets to get an account

2. Go through KYC with the platform's preferred liquidity providers (LPs for short). You will choose them based on pairs, banks, and jurisdiction

3. You will set up a trading limit with the LPs

4. Add your clients by creating a taker sub-account. They may trade through GUI or through API

5. Set up a limit, markup, and margin requirement (if needed) for your client

6. Start reselling. The system will automatically aggregate and execute based on the best bid or ask

Would I settle with every LP individually?

Yes, you would be settling with them individually while your client would be settling with you only. Please keep in mind the LPs will release crypto once you settle your leg of the trade

What is the limit that Finery Markets is referring to?

It is a value that both you and the Liquidity Provider (LP) determine for trading. All of the trades on Finery Markets are on a post-trade settlement basis. To start trading with each other, counterparties should set their counterparty limits against each other. It regulates the maximum possible open position with a particular counterparty

Could sub-accounts have multiple authorized users?

Yes, they may have up to 10 authorized users with a different sets of rights

If you are a current user of the account of eOTC-as-a-Service, please select a role to learn more

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