Cross-Margin through Zero Knowledge Technology

Multiple Counterparties. One pool of funds.

Trade with your funds at:

  • Coming very soon!

  • Coming very soon!

What does X‑Margin do?

  • Allows Cross-Margin on derivatives

    Allows Cross-Margin on derivatives

    Can use one pool of collateral for trades across multiple trading venues and bilateral counterparties

  • Lets you keep funds in your own wallet

    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

  • Capital Efficiency with automated settlement

    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?

  • Harnesses Zero Knowledge Technology to calculate margin

    Harnesses Zero Knowledge Technology to calculate margin

    We remove the need for a central clearer by calculating margin on encrypted, live, streaming position data.

  • Multiple nodes of Intel SGX enclaves combined with Zero Knowledge Proofs

    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

  • Fast, private and auditable databases to record margin calculations

    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

— No need for regulated or expensive central intermediary
— Allows netting of risk and automated settlement
— Huge reduction in collateral required to trade

Development Roadmap

  • Q1 2020 

    Build proprietary high-speed zero knowledge calculator

  • Q2 2020 

    Launch X-Margin for OTC derivatives

  • Q3 2020 

    Integrate with more crypto derivatives exchanges

  • Q4 2020 

    Expand to settlement for CFDs and traditional derivatives