Getting Started: Trading Tokenized Assets

1.1 Account provisioning, identity, and market access

Begin by creating a trading account and linking a wallet with hardware‑backed signing. Complete identity verification (KYC/KYB) and, where relevant, accreditation or professional‑client classification. Enable two‑factor authentication for console access and API keys for programmatic trading. Configure jurisdictional preferences and disclosures so the platform routes you only to the markets you are eligible to access. For institutional desks, provision user roles for traders, risk officers, and operations staff, and set up approval workflows for large orders or withdrawals. Add treasury addresses, settlement banks, and custody accounts that will receive proceeds or collateral when trades settle.

• Wallets: MetaMask, Trust, Rainbow (EVM).
• Roles: Trader, Risk, Ops; user approvals for sensitive actions.
• Venues: primary issuance, secondary order books, OTC/RFQ.

1.2 Funding, collateral, and order types

Fund your account using supported stablecoins or fiat on‑ramps. Define collateral preferences per market and set maintenance thresholds that trigger margin calls. Learn the available order types—market, limit, stop, post‑only, reduce‑only—and when to use each to minimize slippage or fees. Calibrate time‑in‑force parameters and price bands for volatile markets. If you route orders via API, familiarize yourself with the rate limits and idempotency patterns. For RFQ‑style venues, practice quoting workflows and understand maker‑taker responsibilities. Where the market supports conditional orders, pre‑stage exit plans to control downside risk. Good order hygiene is the foundation of consistent execution.

1.3 Risk management and post‑trade operations

Establish risk limits per instrument, counterparty, and venue. Use pre‑trade checks to block fat‑finger errors and portfolio analytics to measure concentration and exposure to common risk factors. After execution, reconcile fills against orders, verify fees, and archive confirmations for audit. Configure real‑time alerts for large PnL swings, stale prices, or missing oracles. For OTC or negotiated trades, define how settlement instructions are delivered and verified. Build daily close routines: roll positions, snapshot exposures, and update NAV for portfolio accounting. Post‑trade excellence reduces operational risk and increases counterparties’ willingness to quote tight spreads.

• Pre‑trade: price bands, fat‑finger checks, exposure limits.
• Post‑trade: reconciliation, confirmations, and immutable archives.
• Alerts: PnL swings, stale oracles, venue degradation.

1.4 Connectivity, automation, and best execution

Connect to venues using our unified trading API or low‑latency FIX gateways. Implement smart‑order routing across liquidity pools and monitor venue health in real time. Automate recurring tasks: portfolio rebalancing, hedging, and roll‑downs ahead of maturity. Continuously benchmark execution quality using slippage metrics and quote‑to‑fill ratios, and adjust routing logic based on market microstructure. Finally, document your procedures for incident response and service degradation; practice failover to secondary providers so trading remains resilient during adverse events.

Related: Tokenization Guide · $ASX Token