Products FM Marketplace
Multi-dealer marketplace
FM Liquidity Match
Saas for electronic trading
FM White Label
B2B White Label Crypto Trading Platform
FM Pulse
Real-time market data analytics
FM Space
Counterparty selection
FM x BitGo
Cleared crypto trading network
Clients Banks & brokers
Neobanks, crypto-native and FX brokers
Payment providers
PSPs, payment gateways, on/off ramp
OTC desks
Crypto trading desks, retail platforms
Buy-side
Passive funds, hedge funds, asset managers
Liquidity providers
Market makers, proprietary shops
Prime brokers
Agency and risk-principle brokers
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Leading crypto ECN and trading SaaS

Our non-custodial infrastructure gives your institution the edge it needs. Access high-quality crypto liquidity through the expanding network of institutional partners.

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Trusted by global partners

What is Finery Markets?

Learn how we can assist your business in streamlining cryptocurrency operations

1:30 min

What is Finery Markets?

Learn how we can assist your business in
streamlining cryptocurrency operations

Solutions design to meet the highest market ethics standards

live since 2019

Amid the evolving crypto market structure, with a stronger focus on market integrity, the design of Finery Markets' trading architecture ensures protection for users of the software from day one.

Liquidity takers

Zero rejections

Our technology is designed to process client orders without employing a "last look" mechanism, enabling an efficient order processing experience with 0 rejections.

Liquidity providers

Speed bump

To protect liquidity providers from a sharp flow entering their market, our trading solution has a taker speed bump of 100ms.

This protection allows liquidity providers to face organic institutional flow only and maintain tight bid-ask spreads.

Products

Infrastructure for OTC trading and SaaS for crypto businesses

Streamline your crypto operations effortlessly with our trading software and institutional liquidity

Trading solution

FM Marketplace

Uncover a new way to trade with the most technologically advanced crypto ECN.

Aggregated liquidity with last-look protection
200+ crypto and fiat pairs from validated LPs
Single onboarding and toxic flow protection

Learn more

Finery Markets’ ECN is a great addition to our liquidity network for institutional clients. Together, we’re creating an ecosystem where clients retain full control over the complete trade process, ensuring reduced market impact and instant response, 24/7.

Jonathan Issan, Head of Quant &
Electronic Trading, Enigma Securities

Trading solution

FM White Label

Elevate your business growth with the market’s first crypto ECN-as-a-Service.

Software with access to liquidity
Master and Sub-accounts architecture
No multi-year obligations

Learn more

Analytics

FM Space

Find the right partners and connect through a reliable and secure platform.

Access fmmps of trading venues, brokers, PSPs
Use advanced filtering designed for institutions
Connect and manage relationships from FM Space

Learn more

Analytics

FM Pulse

Stay on top of your trading with max transparency and a market-wide picture.

Unhide trading costs across venues
Compare expenses and bid-ask spreads
Access real-time insights 24/7

Learn more

End-to-end solutions for
your trading workflow

Front office

Strengthen your client-facing offerings, delivering more flexibility and optimizing revenue on all fronts
Middle office

Ensure your middle office runs seamlessly with scalable processes, designed for maximum efficiency
Back office

Automate routine administrative tasks and operational support, and scale hassle-free

Strengthen your client-facing offerings, delivering more flexibility and optimizing revenue on all fronts

Trading operations

Aggregated Order Book

Execute trades with firm orders across multiple liquidity providers

Request For Quote (RFQ)

Access deep liquidity with real-time quotes
via API or GUI

Offering customization

Spread Management

Customize markups for clients and assets to optimize pricing

Authorized Trading

Execute trades for clients with instant hedging and full control

Voice Trading

Integrate manual trades for full trade history visibility

Ensure your middle office runs seamlessly with scalable processes, designed for maximum efficiency

Risk management

Tailored limits

Control exposure with customizable limits for counterparties and assets

Margin Requirements:

Manage collateral for sub accounts

Position management

Monitor and manage positions with real-time updates and flexible settlement options

Treasury management

Overnight financing

Roll over positions and manage overnight rates per client or asset

Authorized Trading

Control client risks and execute liquidation orders to manage sub account positions

Automate routine administrative tasks and operational support, and scale hassle-free

Settlement and clearing

Flexible settlements

Automate settlements with verified wallets and custody providers

Whitelisting and address book adds to the flexibility of post trade settlement

Record-keeping and reporting

Simplified access

Maintain records of all transactions and client interactions in a single platform

Multi-format reports

Get comprehensive reports for easy compliance and auditing in formats that match your needs

SOC-2 Certified

Embrace the best-in-class security standards thanks to our SOC-2 Type 1 & Type 2 certification

Custody services

BitGo integration

Experience our co-developed solution with automated clearing and settlement, qualified custody and insurance up to $250M

Client management

Role-Based Access Control

Secure user-specific access with full auditability

All features accessible via GUI or API connectivity

Operational support

White-glove support

Professional support available 24/7 to assist with any matters

Chatbot FAQ

Always ready to answer any questions at a moment’s notice

Ecosystem

FM Space

Marketplace to find counterparties

FM Pulse

Quantify your trading flow and track your wallet share

Aligning with industry requirements

Access impact-driven solutions tailored to your segment

Our crypto ECN solutions are built with flexibility in mind. We navigate the challenges of every specific niche hand-in-hand with our clients

Payment providers

Connect your services to global liquidity for crypto-to-crypto and fiat-to-crypto flows

OTC desks & exchanges

Meet the specific needs of your clients with a robust, single-access platform with 200+ crypto and fiat pairs

Banks & brokers

Operate with trusted LPs across the globe with maximum ease, compliance, and a non-custodial structure

Buy side

Connect your services to global liquidity for crypto-to-crypto and fiat-to-crypto flows

Liquidity providers

Access a wide range of clients to expand the frontiers of your OTC business with toxic flow protection

Prime brokers

Facilitate quality trading serving LPs and others with deep liquidity, tight spreads, borrowing and leading

Get in touch with a regional representative to find the best solution for your institution

System and Organization Controls (SOC) 2

Passed SOC 2 Type 1 & Type 2 examination

The SOC 2 audit, a security compliance benchmark, evaluates an organization's infrastructure, software, staff, data, and policies to protect customers' data.

Awarded "Rising Star"

The Deloitte Technology Fast 50 competition showcases the fastest-growing technology companies and promising start-ups.

Why work with us

CEX

OTC Desks

AggregatorsOMS/EMS

Access to multiple liquidity providers via single API/GUI

Yes

Aggregated, predictable execution with 0% rejection rate

Yes

Flexible, automated settlement across multiple banks & blockchains

Yes

Yes/no

Yes

Partial pre-funding or non-collateralised trading

Yes

Yes/no

Yes

Ease of adding new liquidity providers

Yes

OTC-as-a-Service with tailored mark-up and roll-over setup

Yes

Full trading cycle management with Master- and Sub-accounts

Yes

White-label solution to source and resell liquidity from global LPs

Yes/no

Yes

Access to multiple liquidity providers via API/GUI

Yes

Aggregated, predictable execution, 0% rejection rate

Yes

Yes/no

Yes

Flexible, automated settlement

Yes

Yes/no

Yes

Partial pre-funding or non-collateralised trading

Yes

Ease of adding new liquidity providers

Yes

OTC-as-a-Service with tailored mark-up and roll-over setup

Yes

Full trading cycle management with Master- and Sub-accounts

Yes/no

Yes

White-label solution to source and resell liquidity from global LPs

Partner reviews

As a regulated entity in the industry, we have been searching for the ideal partner to provide a comprehensive solution for businesses actively managing their crypto assets. With FM Liquidity Match, we can now offer a convenient option for clients who want to engage in active trading alongside our bespoke on and off-ramp services

Samuel Rondot, Managing
Director for Business at DAMEX

Finery Markets is emerging as a potential game-changer, poised to redefine the way businesses and institutions access crypto in the post-FTX era. Their multilateral trading venue provides unparalleled, non-custodial access to the digital assets market

Damian Bunce, Chief Trading
officer at Exness

By minimizing counterparty risk and improving capital efficiency, we are proud to offer institutional clients the best execution in crypto assets. The partnership with Finery Markets is a testament to our commitment to delivering innovative solutions that meet the evolving needs of our clients.

George Zarya
Founder & CEO of Bequant

Finery Markets offers a refreshing and elegant approach to trading. Limit-based trading with multiple liquidity providers has been a game-changer for us.

Ivan Pyatkov
Head of Trading Solutions J2TX

FAQs

What is Finery Markets?

Finery Markets is a leading crypto ECN specializing in delivering innovative trading technology for crypto businesses and institutions. Our platform empowers institutional liquidity takers and market makers, enabling them to interact efficiently and securely in the digital asset market.

What is a Crypto ECN?

A Crypto Electronic Communication Network (ECN) is a trading infrastructure that connects counterparties for transactions involving digital assets. It facilitates efficient interaction among participants on the network, offering transparency, enhanced execution workflows, and opportunities for cost reduction.

Can Finery Markets be used for trading
multiple asset classes?

Our platform primarily supports crypto-to-crypto and fiat-to-crypto trading pair, with over 200 pairs available to meet the diverse needs of the digital asset market.

How much does it cost to trade on Finery Markets?

The costs associated with trading on Finery Markets can vary based on several factors, including the type of service used, software usage, and specific client agreements. Feel free to examine our pricing documentation and real-time estimation on spreads using FM Pulse.

What services does Finery Markets offer?

We offer a range of services powered by our crypto ECN infrastructure, including FM Marketplace, FM Liquidity Match, FM Pulse, FM Space. Our platform connects institutional participants to deep liquidity pools with access to more than 200 crypto and fiat currency pairs. These tools and features support efficient interaction and workflows tailored to the diverse needs of the digital asset market.

Is Finery Markets a secure platform?

Yes, security is a top priority at Finery Markets. As a non-custodial platform, we employ robust security measures to ensure the safety and integrity of all interactions conducted on our platform. Our security framework has undergone extensive testing by a CREST-certified provider, and received high ratings for its resilience and reliability. Additionally, we hold a SOC 2 Type 1 & 2 certifications, underscoring our commitment to maintaining the highest standards of security, confidentiality, and availability.

How much does it cost to trade on Finery Markets?

The costs associated with trading on Finery Markets can vary based on several factors, including the type of service used, trading volume, and specific client agreements. Feel free to examine our pricing documentation and real-time estimation on spreads using FM Pulse.

Is Finery Markets suitable
for retail investors?

No, Finery Markets is not intended or suited for retail investors. We cater to institutional clients such as payment providers, brokers, prime-brokers, OTC desks, and liquidity providers. Our services and platform features are tailored to meet the needs of institutional trading.

Investors

Scale your business, leave the hard work of your trading needs to us

Reduce your integration costs and operational risk across multiple access points with our platform

Request details

Schedule a product assessment with our team to find out how Finery Markets can help you grow

Subject

I understand that all information provided is intended for institutional persons only and is not suitable for retail persons in the United Kingdom

By completing the form on our website, you are giving us permission to contact you with updates, notifications, promotional offers, and important information about our products or services. The obtained data is processed in accordance with our Privacy Policy

Important Disclaimer:

Finery Markets BVI Limited (“Finery Markets”) serves as a leading provider of Electronic Communication Network (ECN) solutions and Software as a Service (“SaaS”). Finery Markets serves as a software provider and does not engage in any activities requiring regulatory oversight.

Finery Markets does not offer its software or services to users in certain jurisdictions where such activities are restricted or prohibited by law. Users are solely responsible for ensuring that their use of Finery Markets' software is compliant with all applicable laws and regulations.
This website, its contents, and any associated communications are not intended as a financial promotion, and shall not be constructed as financial advice. The services provided by Finery Markets are solely for professional use by those who have accepted the Terms and Conditions and have subsequently become clients of Finery Markets. Users in jurisdictions where access to such services is restricted or prohibited should not rely on this website or its contents.

Additional notice to UK visitors: This website and associated communications are not intended to constitute a financial promotion under The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) and related guidance. Access to services provided by Finery Markets is limited to regulated entities, professional clients and eligible counterparties as set out by the Financial Conduct Authority. UK users are not permitted to to use this website for the services of Finery Markets if they don't fall within these categories.

Leading crypto ECN and trading SaaS

Trusted by global partners

Solutions design to meet the highest market ethics standards

Zero rejections

Speed bump

Products

FM Marketplace

FM White Label

FM Space

FM Pulse

Front office

Middle office

Back office

Aggregated Order Book

Request For Quote (RFQ)

Spread Management

Authorized Trading

Voice Trading

Tailored limits

Margin Requirements:

Position management

Overnight financing

Authorized Trading

Flexible settlements

Simplified access

Multi-format reports

SOC-2 Certified

BitGo integration

Role-Based Access Control

White-glove support

Chatbot FAQ

FM Space

FM Pulse

Aligning with industry requirements

Payment providers

OTC desks & exchanges

Banks & brokers

Buy side

Liquidity providers

Prime brokers

Passed SOC 2 Type 1 & Type 2 examination

Awarded "Rising Star"

Why work with us

Partner reviews

FAQs

Investors

Scale your business, leave the hard work of your trading needs to us