Service · OTC execution
Larger tickets, handled by a dealer, priced as one trade.
For sizes that should not be worked through a screen. A dealer prices the whole block firm, execution is documented, and settlement is coordinated by the same desk.
- Priced in
- USDT · USDC · USD · EUR · GBP · NGN
- Settlement
- Same business day, on-chain and bank rails
- Counterparties
- Businesses and professional desks, verified before trading
What it does
What otc execution at BAJJPAY means.
Some tickets are large enough that how they are executed matters as much as the price. BAJJPAY handles those over the counter: a dealer prices the full size as one firm quote, agrees settlement instructions with you in advance, and sees the trade through to completion.
Execution is private to the two counterparties. There is no order placed on a public venue, no signalling and no slippage between the quote you accept and the price you settle at.
Who it is for
Built for the businesses behind the flow.
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OTC desks
Wholesale supply and two-way block pricing with a counterparty that documents every leg.
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Corporates
Treasury conversions and large one-off obligations without moving the market against yourself.
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Fintechs
Periodic rebalancing of float and reserves at block size.
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Merchants
Occasional large conversions that fall outside a standing arrangement.
Key benefits
Why businesses use BAJJPAY for otc execution.
Whole-ticket pricing
One firm price for the full size. You accept the whole trade or none of it.
Private execution
No public order, no partial fills, no signalling to the market.
Coordinated settlement
Settlement instructions, timing and references are agreed before the trade, then tracked in the portal.
Documented throughout
Quotes, acceptance, approvals and settlement legs are all recorded and confirmed in writing.
How it works
From request to settlement.
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01
Speak to your dealer
Describe the asset, side, size and preferred settlement timing.
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02
Agree instructions
Settlement accounts, rails and timing are confirmed before pricing.
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03
Receive a firm quote
The full block is priced as one executable quote with a stated validity period.
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04
Execute and settle
Your approvers accept, funds are exchanged in the agreed sequence, and both legs are confirmed.
Supported workflows
What you can do.
- Block purchases and sales of USDT and USDC
- Large currency conversions in USD, EUR, GBP and NGN
- Two-legged trades where both a stablecoin and a currency leg settle
- Scheduled settlement at an agreed time or value date
Relevant capabilities
What comes with it.
- Named dealer on every relationship
- Firm quotes on the whole ticket
- Maker-checker approvals within your organisation
- Per-trade settlement instructions
- Stage-by-stage settlement tracking
- Written confirmations and an exportable record of every trade
Settlement and execution
How this settles.
OTC trades settle through the same pipeline as every other trade, with the sequence of legs agreed in advance. Where a trade has a stablecoin leg and a currency leg, both are visible and tracked in your portal until each is confirmed complete.
How settlement works-
01
Awaiting funds
The delivering side funds its leg of the trade.
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02
Compliance review
The counterparty and source of funds are cleared.
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03
Funds received
Receipt is confirmed and the release is queued.
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04
Release instructed
Funds are sent on the agreed rail: on-chain or to your bank.
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05
Completed
Settled in full, confirmed in writing, ready to reconcile.