FCM & Partners

    Your broker to the clearing firms.

    Greenlight works with top-tier FCMs to get our 150+ institutional clients — investment banks, merchants, utilities, and hedge funds — the best pricing, structured collateral, and margin arrangements tailored to their requirements.

    Prediction MarketsEnergy & PowerOil & PetroleumFinancial & MacroAgriculture & IndustryAI & Compute

    Top-Tier FCM Network

    Greenlight partners with leading Futures Commission Merchants to provide institutional clients with deep liquidity, best execution, and flexible clearing across 6+ asset classes.

    Block Trade Clearing

    Specialized in block trade execution and clearing for institutional-size orders across all CFTC-regulated products. Direct give-up relationships with major clearing houses.

    Client-First Structuring

    We sit between clients and FCMs to negotiate pricing, structure collateral, and tailor margin arrangements — from banks and hedge funds to proprietary trading firms.

    Where We Clear

    Exchange & clearing partnerships.

    Greenlight executes and clears across the leading CFTC-regulated exchanges and clearinghouses, providing institutional clients direct access to deep liquidity and efficient settlement.

    KALSHI
    Kalshi
    ICE
    ICE
    NODAL
    Nodal Exchange
    CME
    CME Group
    CLEARPORT
    ClearPort
    How We Work With FCMs

    Pricing. Collateral. Margin.

    As your introducing broker, Greenlight negotiates with FCMs on your behalf — securing the best terms across every dimension of the clearing relationship.

    Best Pricing

    We leverage our FCM relationships to negotiate the most competitive commission rates, exchange fees, and clearing costs for every client.

    • Competitive commission and fee structures
    • Volume-based pricing tiers across asset classes
    • Transparent cost breakdowns on every trade

    Collateral Structuring

    We work with FCMs to structure collateral arrangements that maximize capital efficiency and meet each client's specific requirements.

    • Flexible collateral types — cash, treasuries, LOCs
    • Cross-margining across correlated positions
    • Optimized haircut and rehypothecation terms

    Margin Solutions

    Tailored margin arrangements that fit your trading strategy and risk profile, from standard initial margin to customized portfolio margining.

    • Portfolio margining for multi-asset strategies
    • Customized initial margin requirements
    • Intraday margin optimization
    Clearing Workflow

    From execution to settlement.

    01

    Trade Execution

    Greenlight executes across commodities, prediction markets, or compute derivatives on behalf of the client.

    02

    FCM Matching

    We match each trade to the optimal FCM based on asset class, pricing, and the client's collateral and margin structure.

    03

    Give-Up & Clearing

    Trade given up to the designated FCM for clearing, margin posting, and risk management.

    04

    Settlement

    Cash settlement per contract terms. Automated, objective, timestamped process.

    Who We Serve

    150+ institutional clients.

    Investment Banks

    Commodity desks and institutional trading operations

    Merchants

    Physical commodity merchants and trading houses

    Utilities

    Power generators, distributors, and energy companies

    Hedge Funds

    Macro, commodity, and event-driven strategies

    Let us find the right FCM for you.

    Tell us what you trade and how you're structured — we'll match you with the FCM that offers the best pricing, collateral terms, and margin fit.

    Trading commodity derivatives and prediction market contracts involves substantial risk of loss. For eligible contract participants only.