OTC · Tailored
Tailored, scoped before it is agreed.
A structure that is not spot, options or forwards. The participant describes the need; the desk says whether it can be matched and recorded inside its perimeter, or declines.
What it is
A one-off structure agreed between participants who each keep their own accounts.
Every tailored request starts with a written scope. The desk may decline a request that it cannot match and record inside its perimeter.
How settlement is recorded
Settlement for each structure is stated in the engagement paper before anything is agreed.
Every structure is recorded the same way: the terms and the confirmations go into the day's record, and the SHA-256 of that record is published.
Fees
Flat, and stated before anything is agreed.
Numbers on request.
Who it is for
Participants whose need does not fit the standard products.
Eligible participants only. Not offered to retail.
This line opens by request. Tell the desk what you need and it will say what can be done.
What you get
- Record. A hashed daily record: every matched trade or quote, with the terms and confirmations, closed once a UTC day and published with its SHA-256.
- Dashboard. The public dashboard is the Record page. A participant console, by invitation, follows.
- Verify. Check any day in your browser: hash the file yourself and compare. Nothing is uploaded.
- Export. The day's JSON, byte for byte, to keep and re-check later.
Venues: as connected, listed on /record/. A sample report is the latest close on the Record page; it is a paper record.
How onboarding works
- Request a desk at /intake/: who you are, which line, a size range.
- The desk screens the parties. Nothing substantive is shared before that is done.
- A written engagement paper states the scope, the flat fee and which accounts you keep, before anything is agreed.
- Your venue accounts are linked as connected and listed on /record/; you keep the keys and the assets.
- Each day closes into the record and its SHA-256 is published, so you can check any day yourself.
Operated by UnyKorn LLC (Wyoming). UnyKorn LLC is a technology and administration service provider. It is not a bank, broker-dealer, exchange, custodian, trustee, transfer agent, appraiser, auditor, investment adviser, money transmitter, or issuer of securities. Nothing on this site is an offer to sell or a solicitation to buy any security, loan, or financial product.