The interbank trading and settlement venue for cryptocurrencies and digital assets

Enabling spot trading for banks, securities firms and their institutional clients

Participants

RULEMATCH trading venue is open to banks and securities firms from Switzerland and equivalently regulated countries. Participants may offer sponsored access to qualifying financial institutions.

Market integrity

RULEMATCH acts exclusively as a market operator that brings together the buying and selling interest of its participants followed by clearing and settlement amongst them. It is never a market maker, broker or counterparty in trading or settlement.

AML/CFT Compliance

All participants, transactions, and digital assets are subject to stringent controls regarding money laundering, sanctions evasion and terrorist financing.

Integrated settlement

Mulitateral net settlement among participants ensures capital efficiency and minimizes settlement risks.

Liquidity

Competitive and consistent liquidity is provided through designated market makers.

Ultra-low latency

Built with Nasdaq matching engine technology, participants can trade on the central limit order books (CLOB) of RULEMATCH with consistent execution latency down to 30 microseconds, bringing unparalleled speed to the asset class.

Trading documentation

Access informational resources about the RULEMATCH trading venue

Order types and trading sessions

RULEMATCH order types, time in force conditions and trading session schedule

Institutional access protocols

Information about connecting to the RULEMATCH trading venue via FIX or the Nasdaq ITCH/OUCH protocol

Trade reporting

Professional trade reporting services and institutional account setup on RULEMATCH