1. What is an institutional account on LedgerX?
Institutional accounts are qualified Eligible Contract Participant (ECPs) .An Eligible Contract Participant (ECP) is a special category by the CFTC for entities (corporations, trusts, brokerage firms, etc.) or high net worth individuals that allows them to engage in certain financial transactions that are not open to all investors.
Institutional accounts can access negotiated block trading, options portfolio netting and connect to LedgerX via API.
2. How can LedgerX participants qualify for institutional access?
Institutional accounts on LedgerX must qualify as an Eligible Contract Participant (ECPs). Participants can qualify as an ECP in a number of ways, such as meeting a net asset requirement: net assets exceeding $1 million for entity accounts hedging risk or $5 million for individual investors if hedging risk. If you qualify to be an ECP and are interested in learning more, you can contact us at firstname.lastname@example.org.