The platform screens, contracts, inspects and settles every swap against evidence. That record is what a bank, an insurer, an auditor or a buyer asks for. The products below are the ways you use it. Most of them cost nothing until a swap settles.
On the platform today
Discovery comes first. You post what you hold and what you need. The marketplace shows you the swap. The platform then runs it end to end.
Two firms that hold the same material in the wrong places, grades or months swap instead of shipping. Michael screens both firms, writes one contract per leg, collects the evidence and releases payment against it. The fee comes only after settlement, from the freight and duty you avoid.
Sanctions, restricted origins, carbon-border and deforestation checks, with the source and the version of each decision. You can screen a company you name and hand the record to your bank. You do not need to swap to use this.
Every swap elects its payment security before loading: escrow, a letter of credit, a standby letter of credit or a mix. Payment releases only against the agreed evidence. Michael never holds the money.
A ring swap between three or more firms. Forward offtake against a production forecast. An anchor that quotes both sides of a corridor. A deal agreed by telephone, run on the rail.
A lot you must move quietly: surplus, near expiry, off-spec or a cancelled order. A page with no brand and no seller name, screened buyers only, the full sheet under confidentiality, the sale on the rail.
Every contract carries the same ladder: automatic evidence review, then expert determination, then arbitration. The documents are on the record, so the experts decide most disputes on the evidence.
The term sheet carries the facts an accounting team needs for the own-use call: settlement, wash-out, options, formula, currency, title transfer. A named person confirms. A company can set a four-eyes review.
A customs pre-check for each leg. The carbon-border exposure of a route. The sustainability declaration for certified material. All of it on the swap's record.
Next on the platform
Three products are in build now. Each one reads the record of a swap and puts it in front of a regulated partner. Michael supplies the deal, the evidence and the workflow. The partner does the regulated part.
Ask for pre-shipment, receivable or payable finance on a signed leg. Approved funders see the evidence pack, make an offer, and you choose. Michael never lends.
Cargo, credit, liability and political cover quoted on the swap's facts, compared side by side and bound in the swap. A licensed broker places the cover. Michael never underwrites.
A report of your open legs by index and month, in the format a licensed broker needs to quote a hedge. Michael reports. It never hedges.
Two rules for every product
Michael never lends, insures, guarantees, takes title, holds client money or issues a financial instrument. Regulated partners do those things. Michael supplies the verified record, the workflow and the customer.
The physical swap stays a physical swap. No product turns a delivery into a cash bet.
Michael has built trade finance into the platform. It is not open to customers yet.
One more route in
Most swaps start on the marketplace. If your desk agreed a swap by telephone, you can register it on the platform. It gets the same screening, the same contracts, the same payment security and the same record.
Request a walkthrough of the demo environment. You see both sides of the trade.