Every trade, communicated once
Trades still move between firms by email, files, and disparate systems. Float connects every party to one network, so everyone works from the same trade, from vanilla to the most exotic.
Sell side
Dealer
Dealer
Dealer
Prime broker
Prime broker
Buy side
Fund
Fund
Fund
Fund administrator
Fund administrator
One trade, every party
Every product is modeled in FloatML and exchanged over a single, unified API. Each firm sends a trade once, and every counterparty receives exactly the same terms, with no manual data entry.
FloatML
A shared language for derivatives
FloatML captures any derivative, however complex, at full granularity, so every term reaches every counterparty without ambiguity.
See details about A shared language for derivativesCross-asset
Every asset class, one network
FX, rates, equities, credit, and commodities, from swaps and options to autocallables and hybrids, all move over the same network, so one connection covers every product.
Structures
Coming soonStructures and trade ideas
Share structures and trade ideas with clients over the network, so they arrive ready to price and book, without re-keying.
Agents
Built for agents from the start
The network is built for agentic interaction, with the controls to match. Agents work through the same APIs and permissions as your team, within limits you set, and your people approve every decision that matters.
See details about Built for agents from the startBuilt for every side of the trade
Dealers, prime brokers, funds, and administrators connect once and work from the same trade as their counterparties, with no manual data entry from day one.
Funds
Receive trades from your dealers at the point of execution and share them with your administrator automatically, with give-ups to your prime broker coming soon.
Dealers
Send trades and confirmations to every client over one API, instead of email recaps and client-specific files.
Prime brokers
Receive your clients' trades as they are executed, with give-ups on the same trade coming soon.
Fund administrators
Receive client trades in real time and at full granularity, ready to feed your accounting and valuation processes, not reconstructed from recaps or files.
What runs on the network
Each workflow is the same network applied to a different step of the lifecycle.
Trade capture
Trades arrive at the point of execution, sent by dealers over the network or read from recaps by Sterling.
Affirmation
Both sides affirm the same trade, so breaks surface as soon as they happen.
Confirmation
Confirmations checked against the trade both sides already agreed.
Lifecycle and cashflows
Coming soon: every event agreed as it happens, so cashflows follow from approved inputs.
Join the network
Connect once, and exchange trades with every counterparty on Float.