Product engine
OTC / FX
An engine for running a two-sided OTC and FX desk. It prices quotes from the rate sources you connect, handles the request-for-quote exchange with your clients, applies the spread and markup you define, and books each executed trade on the same ledger as the rest of the stack.
What it includes
- Quote engine with live quotations.
- RFQ workflow from request through fill.
- Spread and markup configuration per pair.
- LP and exchange connectors, ours or your own.
- Trade settlement against the system of record.
- Ledger sync, so every trade posts to the immutable core.
On one ledger with the rest of the stack
Every quote the engine returns carries its provenance: the rate source it drew from and the spread and markup you applied on top, recorded with the quote rather than reconstructed after the fill. When a trade executes, that lineage stays attached to it, so any price the desk showed can be traced back to the feed and the policy version behind it.
A settled trade and the position it opens post to the same ledger your reporting reads. The desk does not keep its own book that a back office later has to match: the blotter and the accounting are one record, and the spread you earned shows up where P&L is computed without a separate feed from the trading system.