Skip to main content

Exchange8:Settlement — external settlement integrations

The external settlement integrations service: novation (the central counterparty substitutes itself for both original counterparties per trade), custody and collateral for crypto and fiat rails, and give-up/give-in flows.

Use cases​

  • Novation — cleared trades transform into CCP-facing obligations; original counterparty exposure terminates at the CCP boundary.
  • Custody & collateral — asset positions and collateral movements at external custodians integrate through their own rails.
  • Give-up / give-in — broker-to-clearing-broker transfers with full audit on both sides.

Full documentation​

The complete detail lives in this product's sub-pages:

  • Architecture (DDD) — the full document, harvested from the unit's repository at build time.
  • Business rules (BRD) — the full document, harvested from the unit's repository at build time.
  • Security — the full document, harvested from the unit's repository at build time.
  • Overview (repo README) — the maintainer's README in the consolidated reference section.