Settlement for physical swaps
Michael settles the swap your desk has already agreed. It costs nothing until it saves you money.
Producers, traders and distributors swap material to fix a location, a timing or a quality mismatch. Bring a deal you agreed by telephone, or post an intent. Michael screens both parties, contracts both legs and releases payment against delivery evidence. Postings clear in a monthly window, one corridor at a time, so somebody is there when you post. A posting shows material, terminal, window and quantity, never your name or your position. Nothing is charged before a swap settles.
See how Michael works
The six jobs a desk does on every swap, the rail that does them on one record, the clearing window, the fee, and the full compliance check inventory. Written for traders and the compliance officers who evaluate them.
Enter the platform
Sign in: your postings, your negotiations, your compliance clearances and your swaps in flight.