Institutional Services
Enterprise-grade trading infrastructure for hedge funds, proprietary trading firms, and family offices
Institutional Services
LX provides institutional-grade infrastructure purpose-built for sophisticated market participants requiring the highest standards of performance, security, and compliance.
Overview
LX Institutional combines the transparency and self-custody benefits of decentralized finance with the performance, reliability, and compliance capabilities expected by regulated financial institutions.
| Capability | Traditional Exchange | LX Institutional |
|---|---|---|
| Settlement | T+2 (equities), T+1 (futures) | T+0 Atomic |
| Custody | Counterparty risk | Self-custody + MPC |
| Latency | 10-100 microseconds | 487 nanoseconds |
| Throughput | 100K-1M orders/sec | 434M orders/sec |
| Transparency | Opaque order routing | Full on-chain audit |
| Market Hours | Limited | 24/7/365 |
Institutional Capabilities
Trading Infrastructure
- Prime Brokerage: Credit facilities, margin financing, and cross-margining across asset classes
- OTC Desk: Block trades, RFQ system, and bespoke execution for large orders
- Enterprise API: Dedicated endpoints, co-location, and custom integrations
Operations & Custody
- Custody Solutions: MPC wallets, cold storage, and institutional-grade key management
- Settlement: T+0 atomic settlement, DVP, and cross-chain delivery
- Compliance: Transaction monitoring, sanctions screening, and regulatory reporting
Governance & Reporting
- Reporting: Trade confirmations, tax reports, and audit trails
- SLA: 99.99% uptime guarantee with financial penalties
- Onboarding: KYB verification, documentation, and dedicated support
Client Segments
Hedge Funds
Systematic and quantitative strategies benefit from:
- Sub-microsecond execution for alpha capture
- Full market depth via Level 3 data feeds
- Co-location services with direct market access
- Historical tick data for backtesting
- Multi-strategy support with sub-account isolation
Proprietary Trading Firms
High-frequency and market-making operations leverage:
- 434M orders/sec throughput for aggressive quoting
- Negative latency via predictive pre-caching
- Maker rebates up to 5 basis points
- Dedicated network paths with guaranteed bandwidth
- Custom order types (iceberg, TWAP, VWAP)
Family Offices
Long-term wealth preservation through:
- Institutional custody with multi-signature governance
- Tax-optimized execution and reporting
- Consolidated portfolio view across chains
- Estate planning integration
- White-glove relationship management
Asset Managers
Fund operations supported by:
- NAV calculation and fund accounting integration
- Subscription/redemption workflow automation
- Performance attribution and risk analytics
- Regulatory reporting (Form PF, AIFMD, etc.)
- Investor portal with permissioned access
Security Certifications
LX maintains the highest security certifications required by institutional clients.
| Certification | Status | Audit Frequency |
|---|---|---|
| SOC 2 Type II | Active | Annual |
| ISO 27001 | Active | Annual |
| ISO 27017 (Cloud) | Active | Annual |
| PCI DSS Level 1 | Active | Annual |
| FIPS 140-3 | Active | Continuous |
| Penetration Testing | Passed | Quarterly |
| Smart Contract Audits | Passed | Per-release |
Custody & Key Management
Native Lux Infrastructure (Colocated in Kansas City DC)
| Solution | Type | Latency | Notes |
|---|---|---|---|
| Lux Threshold | MPC (CMP/LSS) | Sub-millisecond (nanoseconds w/ optics) | Native, configurable threshold |
| Lux KMS | Key Management | Sub-millisecond | Hardware-backed, colocated |
| Lux HSM | Hardware Security Module | Sub-millisecond | FIPS 140-3 certified |
Colocation Advantage: All Lux custody infrastructure is colocated in our Kansas City datacenter, providing the fastest and most secure key operations available. For institutional clients requiring third-party custody, we support integration with external providers.
Third-Party MPC Providers (External integration via REST API)
| Provider | Protocol | Threshold | Typical Latency | Integration |
|---|---|---|---|---|
| Fireblocks | MPC-CMP | Configurable | ~250ms | REST API |
| BitGo | TSS | 2-of-3 | ~100ms | REST API |
| Copper | MPC | Configurable | ~80ms | REST API |
| Anchorage | HSM+MPC | Policy-based | ~150ms | REST API |
| Utila | MPC | Configurable | ~100ms | REST API |
Auditors
- Financial Audit: Deloitte
- Security Audit: Trail of Bits, OpenZeppelin
- Penetration Testing: HackerOne Bug Bounty Program
- Compliance Review: Chainalysis, Elliptic
Regulatory Framework
LX operates within a comprehensive regulatory framework designed for institutional participation:
Jurisdictional Coverage
| Jurisdiction | Regulatory Status | License |
|---|---|---|
| United States | Registered | MSB (FinCEN) |
| European Union | Licensed | MiCA Compliant |
| United Kingdom | Registered | FCA Crypto Asset |
| Singapore | Licensed | MAS PSA |
| Switzerland | Licensed | FINMA VQF |
| Cayman Islands | Registered | CIMA VASP |
Compliance Standards
- AML/KYC: Full compliance with FATF Travel Rule
- Sanctions: OFAC, EU, UN sanctions screening
- Tax Reporting: CRS, FATCA, 1099-DA ready
- Market Integrity: Trade surveillance and manipulation detection
Performance Comparison
Latency vs Traditional Venues
Venue Round-Trip Latency
────────────────────────────────────────
LX (GPU) 2 nanoseconds
LX (CPU) 487 nanoseconds
CME Globex ~1 millisecond
NYSE Arca ~50 microseconds
Coinbase Pro ~10 milliseconds
Binance ~5 millisecondsThroughput vs Traditional Venues
Venue Orders/Second
────────────────────────────────────────
LX (GPU) 434,000,000
LX (CPU) 1,013,824
CME Globex ~10,000,000
NYSE ~1,000,000
Coinbase Pro ~100,000
Binance ~1,000,000Getting Started
1. Initial Consultation
Contact our institutional sales team to discuss your requirements:
- Email: [email protected]
- Phone: +1 (415) 555-0100
- Schedule: Book a call
2. Qualification
Minimum requirements for institutional access:
- AUM/Trading Volume: $10M+ AUM or $1M+ monthly volume
- Entity Type: Registered legal entity (LP, LLC, Corp, Trust)
- Compliance: Ability to complete KYB verification
- Technical: API integration capability
3. Onboarding
Typical onboarding timeline: 5-10 business days
- Complete KYB documentation
- Sign institutional agreement
- Configure custody solution
- Integrate via API/FIX
- UAT testing in sandbox
- Production go-live
See Onboarding Guide for detailed requirements.
Support Channels
| Channel | Availability | Response Time |
|---|---|---|
| Dedicated Account Manager | Business hours | Immediate |
| 24/7 Trading Desk | 24/7/365 | < 1 minute |
| Technical Support | 24/7/365 | < 15 minutes |
| Emergency Hotline | 24/7/365 | Immediate |
Contact Information
Institutional Sales
- Email: [email protected]
- Phone: +1 (415) 555-0100
Trading Desk
- Email: [email protected]
- Phone: +1 (415) 555-0101
Technical Support
- Email: [email protected]
- Phone: +1 (415) 555-0102
Compliance
- Email: [email protected]
Documentation
- API Documentation: Complete API reference with examples
- SDK Libraries: Client libraries for all major languages
- FIX Protocol: FIX 4.4 and 5.0 connectivity