Futures Commission Merchants (FCMs)

Rothera offers FCMs access to a CFTC-regulated prediction market that enables them to offer event contract trading to their customers.

Well understood workflows & integrations:

Standard FIX API access for order entry and market data.
Support for ISV applications (front, middle, and back office software integrations via API).
Conventional FCM workflow support (admin UIs, SFTP, file generation, reference data download, deposits/withdrawals including RTP).

Become a trading participant and clearing member:

Access a venue that does not compete with you for the end customer (retail or institutional).
Acquire new customers that have a demand to participate in prediction markets (retail or institutional).
Expand your current offering to include event contracts that integrate into existing operations, compliance, and trading workflows.
Offer institutional customers access to new cleared risk management products that allow them to migrate from ISDAs and bi-lateral risks.

Market Makers

Rothera offers professional market makers the opportunity to provide liquidity for both retail and institutional customers on a central limit order book (CLOB).

Join the market making program:

To participate in Rothera’s market making program, firms must meet certain requirements:
‍

Qualify as an eligible contract participant (ECP)
Enter into the formal market making program agreement
Commit to minimum quoting metrics (spread, depth, market coverage)

Participation in the market making program provides various benefits:
‍

Market maker pricing
Direct market access via FIX API