Arkis launches Concourse

Reaching multiple OTC derivatives desks normally means onboarding to each one separately. Full counterparty diligence, credit review and documentation repeat at every desk. That burden caps how many desks a trading firm can put in competition with each other. Most firms settle for a handful of relationships and quote against a panel far smaller than the market.

Arkis Concourse, live today, collapses this to one onboarding. Arkis already has access to every desk on the panel. The user onboards to Arkis, and that single relationship opens the whole panel. A single request reaches every desk on the panel at once, and the quotes come back together.

Users can trade forwards, options and total return swaps across the panel, on major crypto assets and altcoins, on publicly traded equities and even on pre-IPO stocks. OTC derivatives, spot blocks and crypto-fiat conversion are also available on the Arkis platform.

The approach can change from one request to the next: price discovery can run across the whole panel, or with each desk directly through privacy-protected chats. Anonymity holds on both sides: each desk sees only the request, and the user sees only the terms that come back.

The resulting position can sit inside the portfolio Arkis already margins. It offsets against the rest of the book at centralised exchanges, on-chain venues and traditional markets, rather than tying up collateral of its own.

Concourse is available now, contact Arkis team for more information at operations@arkis.xyz.