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
Solutions 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 with reliable trade execution even on peak volatility

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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 each market participant from day one.

Liquiduty takers

Zero rejections

Order execution is handled within our proprietary matching engine instead of relying on liquidity providers.

Without a so-called "last look”, we ensure better execution quality, as all your orders are protected against rejections.

Liquiduty providers

Speed bump

To protect liquidity providers from a sharp flow entering their market, our trading solution has a taker speed bump of 50ms.

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

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 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 that specializes in providing innovative trading solutions for crypto businesses and institutions. Our platform facilitates efficient and secure trading in the digital asset market, connecting liquidity takers and makers across a wide range of sectors. Our company has been operating since 2019 and is supported by renowned world-renowned investors such as G1 Ventures, Gumi Cryptos, Shima Capital, Communitas Partners among others.

What is a Crypto ECN?

A Crypto Electronic Communication Network (ECN) is a trading infrastructure that matches buy and sell orders for transactions with digital assets. It enables direct trading between parties on the network without the need for intermediaries, providing transparency, faster execution, and often lower costs.

Can Finery Markets be used for trading
multiple asset classes?

Primarily, our platform focuses on crypto-to-crypto and fiat-to-crypto trading pairs. With over 200+ pairs already available, we cater to the diverse needs of the digital asset market.

What services does Finery Markets offer?

We offer a range of services around our crypto ECN infrastructure, including FM Marketplace, FM Liquidity Match, FM Pulse, FM Space, and FM InterDealer. We provide access to deep liquidity pools for more than 200 crypto and fiat currency pairs, as well as advanced trading solutions tailored for institutional needs.

Is Finery Markets a secure platform?

Yes, security is a top priority at Finery Markets. Importantly, we are non-custodial platform. We employ robust security measures to ensure the safety and integrity of all transactions conducted on our platform. Consulting firm UnderDefense has run extensive testing of our security framework and rated our platform with an A grade.

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

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

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Trusted by global partners

Important notice for visitors from the United Kingdom:

Finery Markets is not authorized or regulated by the Financial Conduct Authority (FCA) and accordingly the protections provided by the UK regulatory system will not be available to you when using the products and services provided by Finery Markets. It is your responsibility to ascertain whether you are permitted to use the products and services provided by Finery Markets according to applicable laws or regulations.

By accessing this website and the products and services available through it you acknowledge and confirm that you are a company or partnership with share capital or net assets of at least £5m or a trust with total cash and investments of at least £10m, or that you have professional experience in matters relating to investments and your ordinary activities involve you in dealing in cryptoassets for the purpose of a business carried on by you.

You also acknowledge that cryptoassets are high risk investments and that you deal in them at your own risk.