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Multi-dealer marketplace
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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
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Market makers, proprietary shops
Prime brokers
Agency and risk-principle brokers
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FM White Label

White label crypto trading platform for institutions

Launch a fully branded B2B crypto trading business in under one week. Access unparalleled crypto liquidity from reliable liquidity providers and
resell it to other businesses worldwide

Get started

No fixed-term obligations

Unlock new revenue streams with your brand without costly multi-year commitments. Enjoy our solution with no strings attached.

Whether you're a startup or an established organization, new revenue streams are always welcome.

FM White Label gives you the edge you need to tap into new territory effortlessly leveraging the most sophisticated trading infrastructure in the market.

FM White Label is the market’s first ECN-as-a-Service platform.

Is FM White Label right for my organization?

FM White Label is structured to be flexible by design, meaning that plenty of other businesses can connect this product to their existing structures.

If you have an existing base of customers and you are seeking technological solutions covering risk and position management, reporting, internalization, our representatives can assess and outline the possible integrations.

OTC Desks

Payment Providers

Banks & Brokers

Online Currency Exchanges

Save your IT cost and get a tested turnkey solution to increase revenue

Get started

Technology

We provide a modern and scalable AWS-based infrastructure with 99.99% uptime.

Low latency

A sub-1 millisecond proprietary matching engine, including a pre-trade risk management process, allows for quick and efficient trade execution while minimizing the risk of errors.
Security

SOC-2 Type 1 certified, technical security controls have been verified through an OWASP ASVS audit and regular penetration tests (PTES, OWASP, OSSTMM)
Efficiency

The secure cloud-based AWS infrastructure system enables Finery Markets to handle more than 2 million orders per minute.
Quality

A test environment with a complete set of API requests and realistic market conditions is available to test your trading system before implementing it live.

Features

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

Role-based access control
Risk management
Spread management
Aggregated order book
RFQ
Voice Trading
Authorized trading
Position management
Overnight financing
Flexible settlement
Reporting

Role-based access control

Protect the integrity and availability of information in your system

Improved Security: view-only mode, trading, risk-management, settlement, API and user management roles with customized notifications
Enhanced Accountability: user activities can be tracked and audited based on their roles from trading to settlement to API
Administrators can easily manage users and their roles, speeding up processes like onboarding, offboarding, and role transitions

Risk management

Multi-Layered Risk Control System:

Counterparty Limit: co-determine the maximum value for trading with each client and counterparty, laying the foundation for trust and smooth transactions.
Limit per asset: manage your exposure and open positions per each asset.
Customized requirements for risk-margin with notifications that are triggered when action is required

Spread management

Customize price streams for your clients and increase revenue

Flexible and multi-dimensional markup management system:
- Asymmetric markups
- Markups by customers
- Markups by asset pairs
Set markups via GUI or automate the process via API

Aggregated order book

The first crypto ECN with firm order-driven matching engine

Firm executable orders with 100% fill rate (no “last look” execution)
Limit order book with aggregation across LPs and price-time priority
Limit and market orders (IOC and FOK)
Add/remove depth of the book with just one click by enabling/disabling LPs

RFQ

Access deep quote-driven liquidity from top-tier LPs via GUI or API

Single access point to a pool of liquidity from top liquidity providers.
Aggregating and routing orders to liquidity providers via GUI or a unified API: REST, WebSocket.
Pricing quotes for specific asset pairs, including fiat and altcoins.

Voice Trading

Without the proper infrastructure, manual iterations can lead to complete disarray

Register trades conducted through non-electronic means
Integrate all trades into our platform to ensure a comprehensive trading and settlement history
Enjoy comprehensive reporting, which includes both electronic and non-electronic trading PDF/CSV reports

Authorized trading

Maximize efficiency of your high-touch or voice trading desk

Place trades on behalf of your clients and automatically hedge them using our spread management feature for instant execution.
Enjoy real-time quotes while conversing with clients and execute trades immediately.
Gain full control over the trading, deposits and withdrawals for your clients.
ETA: Q3 2024

Position management

Experience seamless position management

Track and manage your and your sub-accounts open positions for each asset
Real-time reassessment on a mark-to-market basis in a native asset and USD equivalent
Want to settle? Simply request assets or generate automated settlement instructions.
Don’t want to settle? Simply roll-over a position, with the option to pay an overnight rate.
FM keeps position history with no limitation on timing, be it last week or 10 years ago

Overnight financing

Give your customers exposure to synthetic NDFs/CFDs with overnight rollover functionality

Trade deliverable spot or simply roll over your position and opt to pay an overnight rate
Define positive or negative overnight rate for your sub-accounts on per-client, per asset level

Flexible settlement

Streamline your back office with our settlement feature

Register incoming transactions and create requests with a click of a button
Automate the settlement process via our API compatible with your custody providers, both crypto and fiat*
Enjoy the functionality of our address book to transact with whitelisted and verified wallets or bank accounts.

Reporting

Streamline auditing and accounting processes

Gain access to comprehensive reports on all your and your sub-accounts trades and settlements with a simple click
Receive daily, monthly or on-demand PDF or CSV reports in your mailbox via API or GUI
Use our reports as proof of compliance with the EU's Travel Rule or other regulatory acts, showing your settlement activities with specific counterparties

Model overview

FM White-label model operates through a master account created by a broker, prime-broker, OTC-desk or liquidity provider.

The FM Whitelabel user can create multiple sub-accounts to serve their end clients.

Each sub-account functions as a separate trading account with its own balance, positions, and trading history.

The sub-accounts operate within specific risk-limits and settle with the master account. The master account manages user access, risk, mark-ups and position roll-overs across all sub-accounts.

Resell liquidity of global liquidity providers

Effectively segregate the "dealer-to-dealer" and "dealer-to-client" markets.

Source liquidity from global liquidity providers and offer it to your customers with spread management tools.

Create proprietary pool of liquidity

Master accounts can match sub-accounts of market makers and liquidity takers internally, allowing for efficient and streamlined trading.

Internalize customer flows

Master accounts enable the internalization of customer flows, which can lead to a decrease in market impact and lower costs and counterparty risks.

What's your value?

FM White label will not only boost your revenue through a flexible spread/markup management system and your earnings on client funds, but also save costs and time by eliminating the need for in-house development and automating client-facing processes.

Get started

GUI (Web) branded with your logo and colors

Your API endpoints (Websocket, REST and FIX 4.4) with you URL/domain link

White-labeled demo environment for your clients

Spot and non-deliverable products

Multi-role account access: create, modify and remove accounts

“White-glove” support

Get started

FM White Label

Learn how we provide a fully branded trading solution and institutional liquidity access to meet the trading needs of your clients.

1:30 min

Finery Markets CEO discusses a new sub-account model for institutional clients

FM White Label

Learn how we provide a fully branded trading solution and institutional liquidity access to meet the trading needs of your clients.

Process overview

Seamless workflow integrations

Discover how Finery Markets can integrate into your workflows to improve trading processes

FM Marketplace
FM white label

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 1
Client 2
Client 3

tradable order book

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

Finery markets

High-performance C++ matching engine

Global order
book

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

Settlement

ClientCustomer — liquidity taker

MM — market makers

LP — liquidity provider

Save your IT cost and get a tested turnkey solution
to increase revenue

Get started

Explore our services

Providing liquidity in the cryptocurrency market?
Authorize on our platform and do it smarter with FM Pulse.

FM Marketplace

A reliable and high-performance crypto liquidity marketplace for institutions and businesses

Learn more

FM Space

Search for verified liquidity providers, brokers and payment providers from a single, up-to-date platform

Learn more

FM Pulse

Get real-time insights on industry-wide trading costs, spreads and more

Learn more

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

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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.

White label crypto trading platform for institutions

Is FM White Label right for my organization?

Low latency

Security

Efficiency

Quality

Features

Role-based access control

Risk management

Spread management

Aggregated order book

RFQ

Voice Trading

Authorized trading

Position management

Overnight financing

Flexible settlement

Reporting

Resell liquidity of global liquidity providers

Create proprietary pool of liquidity

Internalize customer flows

What's your value?

Takers

Finery markets

Global orderbook

MASTER (White label)

sub accounttaker

MASTER

sub accountMaker

liquidity providers

FM Marketplace

FM Space

FM Pulse

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

Trusted by global partners

Global order
book

sub account
taker

sub account
Maker