Order system and trade counterparty

If you offer to trade an instrument on the platform, this offer is matched by the trading system with another client's offer to take the other side of that trade. This means that Crypto Facilities does not act as trade counterparty.

Crypto Facilities has discretion over whether any offer to buy or sell is successfully accepted, matched or executed and we may choose at our discretion to refuse an order and such refusal is notified to you. This is to ensure that trades do not lead to market manipulation or other unfair circumstances.

Open positions can be exited before maturity by submitting a buy or sell order that closes the position (i.e. if you have a long position you sell, if you have a short position you buy back). The party with which you do the exit trade will then take over your obligations vis-à-vis your original counterparty.