What is the difference between boutique OTC execution and platform RFQ?

Boutique OTC execution involves a named relationship manager handling every aspect of the trade, ideal for complex, large, or structured transactions. Platform RFQ is a self-service, programmatic channel delivering sub-second firm quotes via web portal or API, suited for institutional counterparties needing speed and operational efficiency for regular flow.

Does Exchange Capital offer an API for crypto RFQ trading?

Yes. Exchange Capital's platform exposes both REST and WebSocket APIs for programmatic RFQ execution, automated quote requests, and trade confirmation. API credentials are issued following completed KYB/KYC onboarding.

Proprietary RFQ Execution Platform — Exchange Capital

Exchange Capital's proprietary RFQ execution platform delivers firm, two-sided quotes for institutional crypto block trades — without the market impact, front-running risk, or price uncertainty of public exchange order books. Built for institutional counterparties who need speed, certainty, and operational control.

Sub-second firm quotes

Executable quotes issued in under one second across all supported pairs. Price remains firm for the full validity window — no last-look, no re-quotes.

Zero slippage execution

Block trades execute at the quoted price regardless of size. No public order book, no market impact, no spread drift during execution — the price you see is the price you get.

REST & WebSocket API

Full programmatic access for institutional workflows. REST for standard RFQ flows, WebSocket for streaming quotes and real-time confirmations. Sandbox environment included.

Same-day T+0 settlement

Digital asset legs settle same-day via Exchange Capital's licensed settlement infrastructure. Fiat settlement timelines available on enquiry based on corridor and currency.

Multi-asset coverage

BTC, ETH, major altcoins, and leading stablecoins. Crypto-to-crypto and crypto-to-fiat pairs. Coverage extended on request for institutional flow in specific assets.

Post-trade automation

Automated trade confirmations, settlement notifications, and post-trade reports delivered in real-time. Full audit trail for compliance and reconciliation teams.

Platform specifications

Quote latency	Sub-second (<1,000ms) for standard pairs
Quote validity	Configurable window; standard 10–30 seconds
Access channels	Web portal, REST API, WebSocket API
Settlement — crypto	T+0 same-day via licensed rails
Settlement — fiat	T+0 to T+1 depending on corridor and currency
Minimum trade size	Low minimums — institutional spectrum
Supported assets	BTC, ETH, major altcoins, leading stablecoins
API sandbox	Available post-onboarding for integration testing
Uptime SLA	24/7 availability with institutional-grade infrastructure
Compliance	KYB/KYC required; FATF-aligned AML/CTF monitoring

How RFQ execution works

Unlike exchange order books where large orders are visible and cause price impact, Exchange Capital's RFQ execution is fully private and bilateral. The five-step process takes seconds and is designed around institutional operational requirements.

01
Submit inquiry
Specify asset, quantity, and direction via web portal, API, or relationship manager. No commitment required at this stage.
02
Receive firm quote
Exchange Capital's desk issues a firm, executable two-sided price backed by real liquidity. Sub-second response time via platform.
03
Accept and execute
Accept within the validity window to lock in the quoted price. Execution is immediate upon acceptance — no further confirmation needed.
04
Automated settlement
Assets settle via Exchange Capital's licensed infrastructure to the wallet or account specified in your settlement configuration.
05
Post-trade confirmation
Automated confirmation with full trade details, timestamps, and settlement reference delivered instantly for your records and compliance team.

Access the RFQ platform

Complete onboarding in 1–5 business days. KYB/KYC required for institutional access.

Request access Settlement infrastructure →

Frequently asked questions

How does RFQ execution work at an institutional OTC desk?

RFQ execution is a bilateral pricing mechanism where an institutional counterparty submits a trade specification and receives a firm, executable price from the OTC desk within seconds. Unlike exchange order books, RFQ execution is private, prevents market front-running, and guarantees the quoted price for the full validity window.

What is the difference between boutique OTC and platform RFQ at Exchange Capital?

Boutique OTC involves a named relationship manager handling every aspect of the trade — ideal for complex, large, or structured transactions. Platform RFQ is self-service and programmatic, delivering sub-second firm quotes via web portal or API. Both channels use the same liquidity depth and settlement infrastructure.

Does Exchange Capital offer API access for crypto RFQ trading?

Yes. Exchange Capital provides both REST and WebSocket APIs for programmatic RFQ execution. A sandbox environment is available post-onboarding for integration testing. API credentials are issued as part of the KYB/KYC onboarding process.