FM Liquidity Match
Last updated
Last updated
“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
Establish a sub-account structure to manage your clients
Stream orders from other LPs with or without your own liquidity to the accounts of your clients
Aggregate and resell liquidity from multiple LPs using our Matching Engine
Manage markups and overnight rates on a per-client and per-asset basis.
Utilize a risk management system to control the mark-to-market value of the customers' assets
Yes, you can — as a Master Account. Below are some detailed examples of how this might work.
Imagine you're a Liquidity Provider currently executing trades via phone or messenger and looking to transition to a digital platform. Here's how it would work:
Connect with a member of Finery Markets' sales team to establish an account.
Undergo KYC with the preferred Liquidity Providers (LPs) on the platform, chosen based on pairs, banks, and jurisdiction.
Set up a trading limit with the LPs.
Create a maker sub-account to stream your liquidity and set a limit for the maximum value of posted orders.
Log in to the maker sub-account.
Generate API keys and begin streaming prices using the key.
Add your clients by creating taker sub-account(s).
Commence trading. The system will automatically aggregate and execute trades based on the best bid or ask.
Or let's imagine you're an OTC desk seeking a contingency plan, looking to enhance liquidity offerings, or aiming to outsource liquidity aggregation:
Connect with a member of Finery Markets' sales team to establish an account.
Undergo KYC with the preferred Liquidity Providers (LPs) on the platform, chosen based on pairs, banks, and jurisdiction.
Set up a trading limit with the LPs.
Add your clients by creating taker sub-account(s). They may trade through GUI or through API
Start reselling. The system automatically aggregates and executes trades based on the best bid or ask.
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 (see Settlements for more details)
It's a value agreed upon by both you and the Liquidity Provider (LP) for trading. All trades on Finery Markets operate on a post-trade settlement basis. To initiate trading with each other, counterparties must set their counterparty limits. This regulates the maximum potential open position with a specific counterparty. To learn more, please refer to the Risk Management article.
Yes, they may have up to 10 authorized users with different sets of rights.
