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OTC desks

Enhance your crypto OTC desk with instant access to deep liquidity pools

Unlock access to multiple pools through a unified API or GUI, supporting over 200 crypto and fiat currency pairs

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Meet your client needs for spot and non-deliverable products available on institutional-grade infrastructure

gui api

Enjoy tight bid-ask spreads and firm quotes from leading global liquidity providers

Real-time spreads

Create redundancy liquidity source for your clients with 99.99% uptime

Learn more

Profit from pre & post-trade features — price intelligence, settlement flexibility and Risk Management

Get started
Process overview
Seamless workflow integrations
Discover how Finery Markets can integrate into your workflows to improve trading processes
pic pic Trade Trade
Each client has a unique tradable order book based on PB/LP relationships, credit lines, risk parameters, and spread management.
Speed bump on the taker side
100% fill ratio

Takers

Banks & brokers, OTC desks, Payment providers

  • Client 1pic
  • Client 2pic
  • Client 3pic

tradable order book

pic

Connects via API / GUI
100% fill ratio

Non-custodial model with no counterparty risk on Finery Markets
User-friendly GUI and APIs: FIX 4.4, Websocket, REST

picFinery markets

High-performance C++ matching engine

Global order
book

pic

Firm orders

Trade Settlement

MASTER (White label)

Client GUI and API endpoints

Each sub account has a unique tradable order book based on master liquidity pool, credit lines, risk parameters, and spread management.
Can be used for purposes such as:
- facilitating transactions between groups within a company,
- dividing up business lines
- creating access points for customers.

sub account
taker

  • Customer 1
  • Customer 2
Acts as riskless principal

MASTER

Sub account Makers don't match with each other
Tailored markups

sub account
Maker

  • MM 1
  • MM 2
Makers don't match with each other
Tailored markups for bilateral trading

liquidity providers

  • LP 1
  • LP 2
  • LP 3
pic pic Settlement
ClientCustomer — liquidity taker
MM — market makers
LP — liquidity provider

4 Steps for Accessing Finest Liquidity

1

Onboarding

Establish a legal relationship with the platform and LPs: mutual KYC and agreements

2

Limits

Agree on mutual trading limits with an LP and potential prefunding: 0-20%

3

Trading

Access aggregated order book and monitor your positions via GUI or API

4

Settlement

Settle with the LP whenever you are ready or rollover your open positions

White label

FM Liquidity Match is also available as a white label. Save time and money by leveraging our technology.
Learn more

How it works

Bring value to customers, while we take care of your trading needs

You take care of

We take care of

Step 1

You sign up on Finery Markets

Pre-trade

Role-based access management

Secure 2FA authentication

Step 2

You select your counterparties and pass through KYC

Pre-trade

Electronic onboarding

Risk management

  • Counterparty exposure
  • Asset limits
  • Instrument whitelisting

Step 3

You agree on pre-funding terms Non-collateralized or partially collateralized trading

Pre-trade

Price discovery: aggregation across LPs

Full pre-trade transparency

Credit-screened order book

Step 4

You make a trade

Trade

Flexible trading modes:

  • Firm order book
  • RFQ
  • Voice trading

Best execution principle

Market and limit orders

Order execution across 300 pairs fiat-to-crypto, crypto-to-crypto, fiat-to-stable

Position management

Step 5

Automated or manual settlement

Post-trade

Settlement address book fiat and crypto

Flexible settlements

Position rollover tools

Record-keeping and multi-format reporting:

  • Daily
  • Monthly
  • On-demand

Alerts and notifications

Strengthen your brand with our cutting-edge OTC solution, which combines front, middle and back office features

api gui

Create proprietary liquidity pool, providing your clients with end-to-end trading solution

Learn more

Take control of trading limits, coin lending, borrowing rates through GUI or API

Get started
Process overview
Seamless workflow integrations
Discover how Finery Markets can integrate into your workflows to improve trading processes
pic pic Trade Trade
Each client has a unique tradable order book based on PB/LP relationships, credit lines, risk parameters, and spread management.
Speed bump on the taker side
100% fill ratio

Takers

Banks & brokers, OTC desks, Payment providers

  • Client 1pic
  • Client 2pic
  • Client 3pic

tradable order book

pic

Connects via API / GUI
100% fill ratio

Non-custodial model with no counterparty risk on Finery Markets
User-friendly GUI and APIs: FIX 4.4, Websocket, REST

picFinery markets

High-performance C++ matching engine

Global order
book

pic

Firm orders

Trade Settlement

MASTER (White label)

Client GUI and API endpoints

Each sub account has a unique tradable order book based on master liquidity pool, credit lines, risk parameters, and spread management.
Can be used for purposes such as:
- facilitating transactions between groups within a company,
- dividing up business lines
- creating access points for customers.

sub account
taker

  • Customer 1
  • Customer 2
Acts as riskless principal

MASTER

Sub account Makers don't match with each other
Tailored markups

sub account
Maker

  • MM 1
  • MM 2
Makers don't match with each other
Tailored markups for bilateral trading

liquidity providers

  • LP 1
  • LP 2
  • LP 3
pic pic Settlement
ClientCustomer — liquidity taker
MM — market makers
LP — liquidity provider

White label

FM Liquidity Match is also available as a white label. Save time and money by leveraging our technology.
Learn more

How it works

Bring value to customers, while we take care of your trading needs

You take care of

We take care of

Step 1

You sign-up on Finery Markets

Pre-trade

White-glove support

Full customization colors & logo, domains, emails & API endpoints

Role-based access management

Secure 2FA authentication

Step 2

Your client opens an account with you

Pre-trade

Client management tool: invite/disable sub-accounts via your master accout

Secure 2FA authentication

Step 3

Your client funds the account Non-collateralized, collateralized or partially collateralized trading

Pre-trade

Risk management

  • Counterparty exposure
  • Asset limits
  • Instrument whitelisting

Spread management

  • Per client
  • Per instrument
  • Asymmetric markups

Step 4

Your client makes trades, with you as the counterparty

Trade

Order execution across 300 pairs fiat-to-crypto, crypto-to-crypto, fiat-to-stable

Flexible trading modes:

  • Firm order book
  • RFQ
  • Voice trading

Credit-screened order book

Auto-hedging against LPs

  • Best execution
  • Aggregation across LPs

Trading authorization

  • Chat/voice trading
  • Position liquidation

Position management

Step 5

Automated or manual settlement You initiate settlements against your sub-accounts and your LPs.

Post-trade

Settlement address book

Flexible settlements fiat and crypto

Position rollover tools

Record-keeping and multi-format reporting:

  • Daily
  • Monthly
  • On-demand

Alerts and notifications

Automated clearing and settlement via BitGo

FAQ

Over-the-counter (OTC) trading in cryptocurrency refers to the direct exchange of digital assets between two parties without the use of a centralized exchange. This method allows traders to negotiate prices and execute trades privately, typically through intermediaries like ECNs, OTC trading platforms or an OTC desk. Unlike traditional exchanges that operate on order books and can influence market prices, OTC trading enables participants to buy or sell large quantities of cryptocurrency without causing significant price fluctuations, thus providing a more discreet trading environment.

OTC trading is particularly popular among institutional investors and high-net-worth individuals who seek to execute large transactions efficiently. The process is facilitated by brokers (or OTC desks themselves) who connect buyers and sellers, ensuring that the trade terms are mutually agreed upon before execution. This approach not only enhances liquidity but also minimizes slippage, making it a preferred option for those looking to manage substantial trades.

To learn more about Crypto OTC Trading, please click here.

A crypto OTC trading platform operates by connecting buyers and sellers directly, allowing them to negotiate trades outside of traditional exchanges. When a trader wishes to buy or sell a specific amount of cryptocurrency, they contact the OTC desk, which then matches them with a counterparty interested in executing the opposite transaction. Once both parties agree on the trade parameters—such as price and settlement date—the transaction is executed privately.

The OTC platform acts as a tech layer, ensuring that all commitments are fulfilled while maintaining confidentiality throughout the process. This structure allows for faster settlement times compared to conventional exchanges, making it an attractive option for traders who require flexibility and efficiency in their transactions.

Crypto OTC desks exist primarily to serve the needs of traders looking to execute large-volume transactions discreetly and efficiently. Traditional exchanges may struggle with liquidity for substantial trades, leading to price slippage and increased costs. In contrast, OTC desks provide a tailored service that accommodates high-net-worth individuals and institutional investors who require privacy and personalized support during their trading activities.

Moreover, these desks help mitigate risks associated with market volatility by facilitating direct negotiations between parties. They offer enhanced security measures and compliance with regulatory standards, ensuring that clients can trade confidently while minimizing exposure to market fluctuations.

Crypto OTC trading typically occurs through specialized platforms known as crypto ECNs or OTC desks, which facilitate transactions between buyers and sellers outside of public exchanges. These players operate in various locations globally, providing access to deep liquidity pools and enabling traders to execute large orders without affecting market prices. The transactions are often conducted via electronic networks or directly through brokers who have established relationships with multiple liquidity providers.

Yes, Finery Markets provides a white label solution for crypto OTC desk services. This allows institutions to brand Finery’s advanced trading technology as their own while leveraging its capabilities for executing trades. By utilizing Finery Markets' technology, institutions can enhance their product offerings without incurring significant development costs or time delays associated with building an in-house solution.

To learn more about FM White Label, please click here.

Finery Markets supports existing crypto OTC desks by providing them access to advanced trading technology and deep liquidity pools necessary for facilitatinge large transactions efficiently. Our platform connects OTC desks with well-established liquidity providers globally, allowing desks to offer competitive pricing and enhanced execution capabilities to their clients.

Additionally, Finery Markets’ infrastructure includes risk management tools and settlement solutions that streamline back-office operations for existing trading desks. By integrating these features into their services, existing OTC desks can improve their full-cycle operational efficiency while focusing on delivering superior customer service.

Setting up a crypto OTC desk using Finery Markets involves several steps aimed at integrating our advanced technological infrastructure. First, potential OTC desks need to reach out to Finery Markets for a detailed assessment and demo session, following up with a fully-guided onboarding procedure where our team assists you in setting up with the required documentation, desired features and customization options. Once all agreements are signed and technical aspects settled, OTC crypto platforms can start using Finery Markets.

Finery Markets supports a wide range of digital assets available for trading. Crypto OTC desks can trade popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), along with over 200 other digital assets across various fiat pairs.

This extensive selection allows clients flexibility in choosing which assets they wish to transact while benefiting from competitive pricing facilitated by deep liquidity pools within the Finery Markets ecosystem.

To inquire about specific assets, please click here.

The fee structure is designed to be competitive while ensuring transparency for users engaging in large transactions. Crypto OTC desks are encouraged to discuss their specific needs with the Finery team during preliminary discussions so they can receive tailored information regarding applicable fees based on their trading activities.

To schedule a meeting with our team, please click here.

Yes, Finery Markets offers API access for OTC crypto desks. This feature allows institutional clients seamless integration into their existing systems while facilitating efficient trade execution through automated processes. API connectivity enhances operational efficiency by enabling clients to programmatically access real-time market data and execute trades directly from their platforms without manual intervention.

For more details about Finery Markets’ API, please click here.

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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