What Sets Us Apart:
Our eMOD (Electronic Market On Demand) trading protocol replaces the need for voice/messaging error prone processes with our comprehensive rules based protocol.
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Our Solutions
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eMOD is designed to allow for best trading practices for the trading and transference of institutional size risk/positions with no inappropriate information leakage while providing useful transparency.
Our process is geared for wholesale anonymous trading with minimal pricing disruption and distortion.
Please contact us for information and arrange for a Demo.
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Our unique eMOD protocol is a three step fully electronic process designed for participants to preserve anonymity while trading wholesale institutional size risk with minimal disruption due to information leakage. Our pre-trade limit check allows for participants to confidently trade knowing that counterparties can support their OTC orders and trades based on available limits with their respective FCM, therefore, acceptance by the designated Clearinghouse for central clearing.
The first of our three phases includes a requesting phase or RFM (Request for Market) Phase which allows for multiple Market-Makers to provide live anonymous markets for a standard size trade in the specified instrument. Upon completion of the RFM Phase, the trading transitions to an Open Market Phase (OMP). Our OMP is based on Price/Time order priority and available to all participants with pre-approved eligible limits. Once the market for the specified instrument goes stale, which means no further trading, we transition to our third phase called Volma-X.
The VMX Phase is where the platform determines a mid-level based on where the market went stale or got stuck. It is similar to a broker trying to get interested trading parties to “meet-in-the-middle”. The VMX phase is open and available to all participants on the platform to enter their desired trading amount to either buy or sell at the predetermined system generated mid-level. Orders are matched based on our fair proprietary algorithm.
Please contact us for a demo of our eMOD protocol and workflow.
OMeT is a Verifiable Rule Based Trading protocol w/ Audit Trail.
OMeT is designed for all: Market-makers, Price-makers and End-Users.
OMeT has Pre-Trade limit check and Seamless Post-Trade Processing.
OMeT has Pre & Post-Trade Anonymity and Confidentially Up-Size (Increase Trading Amount).
OMeT is Market Structure Friendly - works for both Market-Makers and Buy-Side.
OMeT has Post Trade Automated Processing, STP and the eMOD Protocol
The eMOD Protocol:
Given our team's extensive experience in all aspects of OTC derivative trading, our innovative approach was to build a platform which works for all participants. Our comprehensive fully electronic offering is built by embracing the SEF requirements for cleared OTC instruments and collaborating with fully integrated industry applications.
Our objective is to build a better trading eco-system for all participants with our differentiating protocol and leverage new technologies such as AI and machine learning to improve the trading experience.
The Current Status of the OTC markets:
The current status of OTC markets presents several challenges. The markets are segmented into Dealer to Dealer (D2D) and Dealer to Customer (D2C) groups. Within the D2D OTC markets, trades are generally facilitated by interdealer brokers, with limited and exclusive electronic offerings for the banking community. In the D2C markets, customers communicate with a dealer’s salespeople who facilitate trading of OTC financial instruments or, with electronic offerings limited to requesting protocols like RFQ.
The segregated inter-dealer broker IDB -based D2D approach and D2C using high-touch salespersons soliciting trades or limited participation within RFQ offerings lead to fractured liquidity, which is not ideal for a fair and efficient market structure.