Set the mandate
Set subjects, sides, maturities, size bands and exclusions once. Only matching RFQs enter your workspace. The mandate never obligates a quote or reserves capacity.
Institutional counterparties
cannot express.
Provide capacity to Tomorrow’s private book—or originate portfolio-aware risk transfer with named evidence, bespoke payoff geometry and terms built for the horizon.Live bilateral RFQs are limited to verified ECPs and remain subject to documentation, credit and capacity review.
Prefer residual? Hedge funds
Capacity follows the mandate.
Quote prepared RFQs or originate from your portfolio. Nothing becomes firm before evidence, eligibility and capacity are approved.
Originate the exposure
Bring a balance-sheet, P&L or concentration exposure. Tomorrow maps the driver, basis risk and desired protection, then prepares terms sized to the portfolio.
Specify the payoff
Every RFQ names the reference, the authority, the observation schedule, the threshold, the fallback and the payoff across outcomes — CPI-U as published by the U.S. Bureau of Labor Statistics on its monthly release, say, against a threshold, range or capped gradient. The indicative model adds its inputs, confidence band and revision history; a firm price exists only after quote.
Match the horizon
Use a multi-year fixed term when the thesis has an endpoint. Use a perpetual only for a genuinely recurring regime with no fixed expiry. Funding, observation, fallback and termination mechanics are written before quote.
Become an approved counterparty
Introduction, entity and ECP verification, credit and documentation, then mandate activation. Membership begins review; it does not confer ECP status or execution access. Each position requires a named counterparty, consent and transaction-specific capacity.
Indicative terms only. Nothing here is an offer. Live bilateral execution is limited to verified Eligible Contract Participants and remains subject to documentation, credit and available capacity.