Questions from operators

The full multi-asset trading platform: the Rust matching engine, the trader-facing dashboard, market-data aggregator, hedging router, HOUSE market-maker daemon, prediction-markets module, MCP / trading API and off-site backup + DR. Modules are licensed à la carte or bundled per your Order Form.

Crypto perpetuals, forex, equity perpetuals, commodity perpetuals, indices and short-dated prediction markets — all on one matching engine, one risk model, one wallet. See the live reference venue at app.basispoints.net for the full instrument list.

Yes. We run a live reference venue at basispoints.net that uses the same engine, dashboard and infrastructure we license. You can create a demo account, place orders, watch the order book, and put the platform through its paces before any commercial conversation. Serious vendors let you inspect the actual product; slide decks and NDA-only sandboxes are a red flag.

On bare-metal at LD4, the engine measures p50 order-to-ack of ~45 microseconds and p99 of ~180 microseconds warm-cache, with sustained throughput of 55k orders/second per shard through the full stack (pre-trade risk, WAL, market-data fan-out). Sharding by symbol scales beyond that.

Yes. Basis Points is a technology provider — you are the regulated operator. You obtain and maintain every licence and registration required in every jurisdiction where you offer your branded service, and you handle KYC, AML, sanctions screening, transaction monitoring and consumer-protection compliance. We supply the software, tooling and audit trails; you run the regulated operation.

The credible 2026 shortlist for a derivatives venue is BVI, Cayman, Seychelles, UAE (VARA / ADGM), and the EU under MiCA / MiFID II. Trade-offs vary on speed, cost, banking access and regulatory prestige. We can walk through the shortlist for your specific asset mix and target market, but final jurisdictional choice is a decision for you and your counsel.

The MSA has a dedicated regulatory-allocation clause. In summary: you are responsible for licensing, KYC / AML, sanctions, transaction monitoring, tax reporting, consumer protection, marketing rules and market-conduct compliance. Basis Points is responsible for platform functionality, SLA, security controls and cooperation with your regulator information requests. Mutual indemnities reflect this split.

Contract-priced per deal — we do not publish rate cards. Typical structure: one-off setup fee (covers integration, branding, environment provisioning), monthly recurring platform fee (in advance), per-trader or revenue-share (in arrears, scales with your success), and pass-through costs for hedging, market data and third-party liquidity at cost plus a small handling margin. For a mid-size launch, total three-year TCO typically lands in the mid-six to low-seven figures. Contact sales for a proposal shaped to your scope.

USD or USDT at your option, monthly.

Initial term is typically 12 or 24 months, auto-renewing for successive 12-month periods unless either party gives 90 days’ written notice. Either party may terminate immediately for cause (material breach not cured within 30 days, insolvency, or loss of a required licence).

Three models supported: (A) you hold end-user funds under your own custody arrangement and settle net PnL with Basis Points; (B) segregated wallet on a shared exchange custodian (currently lmex.io) held beneficially by you under a nominee arrangement; (C) bespoke. In every model, Basis Points has no beneficial interest in end-user funds.

Yes. The custody layer is decoupled from the matching engine and integrates with the major institutional custodians on request. For crypto self-custody, we support MPC via the standard providers; for FX, we integrate with regulated custodian banks.

For a managed SaaS deployment with your branding on our infrastructure: four to eight weeks from contract to soft launch. For hybrid managed with customer-owned custody: eight to sixteen weeks. For self-hosted source licence: three to six months including production hardening. Full commercial launch also depends on your licensing, banking and liquidity work in parallel — realistic end-to-end is 12–18 months from company formation.

FIX 4.4 over TCP is on the roadmap, targeting the LD4 cutover. The engine is designed to expose the same state to REST, WebSocket and FIX; only the wire encoding differs. For institutional flow, PB relationships and larger prop desks, FIX is not optional and is part of the standard integration.

Both. Managed hosting is the default (fastest path to launch, we run the ops). Self-hosted deployment is available under a source licence with additional restrictions — typical fit for institutional operators that need sovereignty over infrastructure or want to run in a specific colocation facility.

Three tiers: Standard (99.5% uptime, 4-hour incident response, business hours), Business (99.9% uptime, 2-hour response, 24/5), Enterprise (99.95% uptime, 30-minute response, 24/7, named account manager). Service credits scale with tier. Scheduled maintenance windows (48-hour notice) and Force Majeure events do not count against uptime.

You do. Customer data — including end-user personal data, positions, trades and ledger — belongs to you (or to the relevant end-user). Basis Points acts as processor on your behalf. The MSA includes a Data Processing Addendum covering cross-border transfers, sub-processors, breach notification (within 72 hours), and audit rights. On termination, we export your data in a documented format within 15 business days.