Parallax

Built to pass your compliance review.

Permissioned access & KYC/AML

Only onboarded, identified institutions and their approved entities participate. Attribution, onboarding controls, and participant entitlements integrate with internal systems.

Deterministic, auditable resolution

Market rules, payout formulas, and resolution criteria are encoded in Daml smart contracts. Risk, compliance, and internal audit can review the exact contract logic ahead of approval.

No MEV, no front-running

Canton's permissioned infrastructure has no public mempool. Trades execute atomically under defined conditions or not at all — no sandwich attacks, no extractive re-ordering.

Integration surface

REST and streaming APIs for positions, market data, and post-trade reporting — designed to fit alongside OMS/EMS, risk systems, and internal ledgers.

Operational resilience

Byzantine fault-tolerant consensus, deterministic finality, and the performance profile already running global-bank workloads on Canton.

Fully collateralized today

Markets are fully collateralized at launch. Canton-managed segregated margin for institutions that need capital efficiency at scale is on the roadmap.