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[ Stelaxis Markets / Spot trading ]

Institutional spot.
From quote to settled.

Trade spot digital assets and stablecoin ↔ fiat directly with Stelaxis as principal. Request one firm price for the full size by voice, chat or API, trade, then settle to and from accounts under your own custody.

Trade with Stelaxis

For eligible institutions
trading for their own account

For institutional counterparties. Stelaxis trades as principal; access depends on jurisdiction, eligibility and the agreed relationship. Digital assets involve risk. Read the risk disclosures.

1
Direct counterparty
3
Ways to request a price
4 steps
From quote to settled
2
API protocols: FIX 4.4 and REST

[ 01 / The problem ]

Exchange trading
ties up capital.

To trade on an exchange, you fund an account there first. To find size, you spread balances across several venues, then monitor each balance, each counterparty and each reconciliation.

Spot with Stelaxis starts with the trade. Agree one price for the full size with one counterparty, then settle to and from accounts under your own custody. No capital parked on exchanges to trade with us.

[ 02 / Ways to trade ]

Three ways to
request a price.

Talk to the desk, or connect your own systems. Every channel trades with the same counterparty: Stelaxis, as principal.

Explore the API
Desk · Voice & chat

Request a quote

Ask our traders for a price on spot and block trades, and agree size, price and settlement in the conversation.

API · RFQ

Request for quote

Send a request for a defined instrument, side and quantity, and receive a firm quote with explicit validity.

API · Streaming

Executable prices

Trade on executable prices streamed from Stelaxis into your own systems over FIX 4.4 or REST.

[ 03 / How it works ]

From quote to settled,
in four steps.

  1. Step 01

    Get a price

    Ask the desk by voice or chat, send an RFQ through the API, or take a streaming price.

  2. Step 02

    Trade

    You trade with Stelaxis as principal, and the trade terms are confirmed to you.

  3. Step 03

    You settle

    You send your leg to Stelaxis from an account under your custody, using the agreed settlement instructions.

  4. Step 04

    Stelaxis settles

    Stelaxis sends the other leg to an account under your custody, and the trade is complete.

You settle first, then Stelaxis. Settlement timing and instructions are agreed for each relationship before you trade.

[ 04 / What you can trade ]

Spot and
stablecoin ↔ fiat.

Supported assets, networks, currencies and limits are confirmed for each relationship during onboarding.

Spot digital assets

Buy, sell or rebalance digital asset positions, from routine size to blocks.

Stablecoin ↔ fiat

Move between stablecoins and fiat currencies, with the networks and payment rails for each leg agreed during onboarding.

[ 05 / Onboarding ]

Onboarding
comes first.

Every relationship is agreed before the first trade, so you know who you are trading with and on what terms.

  1. 01 / Eligibility

    Counterparty assessment

    We confirm your institution's eligibility, jurisdiction and the counterparty relationship before any trading begins.

  2. 02 / Terms

    Agreed up front

    Instruments, limits, pricing channels and settlement instructions are agreed before you trade.

  3. 03 / Roles

    Clear parties

    The trading entity and any authorised onboarding partner are identified in your relationship documents.

[ Before you start ]

A few practical answers.

Can we trade electronically as well as through the desk?

Yes. Request quotes from the desk by voice or chat, or connect through FIX 4.4 or REST for electronic RFQ and streaming executable prices. Instruments, pricing modes and limits are configured for the agreed relationship.

Do we need to use Stelaxis Edge?

No. Spot trading with Stelaxis works on its own. Edge is separate, licensed software for your wider trading operation, with or without trading with Stelaxis. Explore Edge.

How is availability confirmed?

Products and terms depend on instrument, jurisdiction, counterparty eligibility and onboarding. The trading entity, any onboarding partner and the scope are confirmed before the relationship goes live. Read the trading and partner roles.

[ Trade with Stelaxis ]

Ready to trade spot
more efficiently?

Tell us the asset, size and channel. We will confirm eligibility, terms and settlement before you trade.