Overview
- Flow Traders will quote continuous, proprietary two-way prices for tokenized money‑market funds, equities and commodities, including Franklin Templeton’s BENJI and Tether Gold (XAUT).
- Access is live for permissioned counterparties via direct FIX connectivity, OMS/EMS platforms, ECNs or high‑touch OTC execution.
- Counterparties can trade and hedge exposures against fiat or stablecoins with risk controls tuned for overnight and weekend conditions.
- Coverage and venue integrations will expand based on client demand and regulatory developments, with availability differing by jurisdiction and entity within Flow Traders.
- The launch leverages the firm’s ETF market‑making models as institutions seek tools to manage off‑hours moves in growing tokenized markets, with reported estimates putting tokenized gold and silver near $6 billion.