Markets & liquidity

Configurable execution through approved counterparties and rails.

We are not a venue and we are not a broker-dealer. What we run is the routing and policy layer in front of the venues your firm already has: pre-trade checks, venue selection, the human gate above threshold, and delivery-versus-payment settlement at the custodian who holds the keys.

RFQ · OTCOrder bookAMM · DEXInternal crossingDvP at custodian

Routing simulator

Indicative routing policy against the demo rule set — not live quotes. Change the inputs and watch venues drop out, and watch the approval tier change with size.

Acting asOperators are role-coded, not named — switch roles to test dual control, since the engine refuses the same operator twice.

Instrument

Notional (USD)

Jurisdiction of the account

No route computed yet.

What the pre-trade gate actually checks

Check	Refuses when	Control
Instrument eligibility	The instrument is not on the approved list for this account or mandate	OPS-01.02
Counterparty status	The venue is not an approved counterparty, or its onboarding has lapsed	OPS-02.05
Jurisdiction	The venue may not serve accounts in the account’s jurisdiction	Jurisdiction policy
Transfer restriction	The position is inside a holding period or lock-up	OPS-05.02
Concentration	The fill would breach the mandate’s concentration limit	OPS-02.06
Wallet screening	The receiving address carries sanctions or high-risk exposure	OPS-05.01
Approval threshold	Notional exceeds the tier that the requesting operator may authorise alone	OPS-04.02

DEX connectivity, stated precisely

What we do

Read on-chain liquidity for price discovery and pre-trade estimation. Construct the transaction. Run it through the same policy engine and approval tier as any other instruction. Submit it for signature to the custodian or an authorised MPC signer. Record the result to the evidence ledger.

What we do not do

Hold keys. Take custody of client assets. Act as counterparty. Operate a venue. Exercise discretion over an account. Every one of those is somebody else’s licence and somebody else’s balance sheet, and each is a line we do not cross.

See which venues are wired →

Evidence record

Every action you take on this page appends a line here, exactly as the real ledger does: actor, action, resource, policy version, timestamp and the chain position. Demo data, real shape.

Time	Actor	Action	Chain
No actions yet. Act on the queue above.