Every trade, every product, captured instantly
Stop re-keying recaps. Float captures every trade as structured data when it’s agreed: dealers send it directly, or Sterling reads any recap, chat, or termsheet.
Our approach
A new network for trade capture
Replace recaps with structured data, sent over the Float network. FloatML models any product, from vanilla to the most exotic, and the same terms carry through the rest of the lifecycle.
Trade Capture
Electronic Trade Capture
Connected dealers send executed trades over the Float network. Your traders see the full terms of the trade, and review and accept it directly into your systems. Accurate risk in seconds.
Structuring and Booking
Model and book any product
Our platform models over 100 derivative instruments across all asset classes, from the simplest to the most exotic. Capture every term needed for risk and valuation in minutes with our real-time booking engine.
ALTAAgentic trading
Everything else, structured by Sterling
Sterling reads recaps, termsheets, and chat, and maps the terms onto validated FloatML models, so your team reviews each trade instead of re-keying it.
Built for complex derivatives
Connectivity built on FloatML can model a product of any complexity, so every trade follows the same workflow into your systems.
Cross-asset
Every asset class shares one model, so a new product or market never means a new API integration, format, or workflow.
Validated and accurate
Every trade lands in a valid FloatML structure before it is booked, so the terms in your systems are the terms that were agreed.
Real-time connectivity
Captured trades flow to your PMS or OMS over FIX or REST as soon as they are accepted, so your risk is accurate in seconds.
Full market coverage
Connected dealers send trades electronically and Sterling reads the rest, so every counterparty is covered in one workflow.
Captured accurately, reliable downstream
Trade capture is the entry point to the Float network. Downstream workflows can rely on high-quality data, which increases automation and efficiency and reduces risk through the life of the trade.
Affirmation
Economics match automatically with your brokers and prime brokers, so affirmation takes seconds instead of an email thread.
Confirmation
Confirmations are checked field by field against the trade you captured, so only real exceptions reach your team.
Lifecycle and cashflows
Fixings, resets, and barriers build on the agreed terms, so cashflows start from inputs both sides accept.
Your agents
Every trade is available over API and MCP, so Sterling or your own agents can act on it straight away.
Join the network
Connect with your dealers on the Float network. Capture any product accurately, see your risk in seconds, and automate everything downstream.