Cross-Margin through Zero Knowledge Technology
Multiple Counterparties. One pool of funds.
Trade with your funds at:
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Coming very soon!
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Coming very soon!
What does X‑Margin do?
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Allows Cross-Margin on derivatives
Can use one pool of collateral for trades across multiple trading venues and bilateral counterparties
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Lets you keep funds in your own wallet
Can trade on derivatives exchanges or bilaterally, whilst your funds stay in your own wallet or custody solution
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Capital Efficiency with automated settlement
Cross-margining and settling across multiple venues, without the need for a central counterparty, and scalable across any asset class
How does X‑Margin work?
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Harnesses Zero Knowledge Technology to calculate margin
We remove the need for a central clearer by calculating margin on encrypted, live, streaming position data.
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Multiple nodes of Intel SGX enclaves combined with Zero Knowledge Proofs
Proprietary technology designed by team of PhD cryptographers – we deliver fast (every 10ms) privacy preserving calculations that come with zero knowledge proof of computation and privacy
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Fast, private and auditable databases to record margin calculations
Trading firms can audit their own margin calculations, tick-by-tick, using world-leading Kx time-series databases
First ever Cross-Margin Solution with no central counterparty
— Allows netting of risk and automated settlement
— Huge reduction in collateral required to trade
Development Roadmap
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Q1 2020
Build proprietary high-speed zero knowledge calculator
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Q2 2020
Launch X-Margin for OTC derivatives
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Q3 2020
Integrate with more crypto derivatives exchanges
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Q4 2020
Expand to settlement for CFDs and traditional derivatives