UAE custody + AED post-trade
An institution sells or converts a custodied digital asset through a private desk and receives AED bank money with custody, trade, cash, and booking records matched.
Overview
An institution sells or converts a custodied digital asset through a private desk and receives AED bank money with trade and cash records matched.
Use when a UAE institution needs custody admission, controlled RFQ, firm quote, settlement affirmation, AED bank release, post-trade booking, and reconciled close to stay on one operating record while custodian, desk, bank, finance, and compliance roles remain separate.
Route coverage
- One UAE custody/RFQ/AED post-trade route from custody admission through close
- Custody, execution, AED bank, booking, compliance, and reconciliation roles stay separate
- Counterparty eligibility, quote window, expiry, settlement source, and execution reference remain visible
- AED payout release waits for beneficiary validation, bank route, cutoff state, and credit-advice expectation
- Booking and fee rows stay tied to custody movement, execution reference, and payout reference
- Close publishes only after custody, trade, bank, booking, fee, and break records match
Infrastructure
- Custody lot, asset perimeter, wallet policy, balance check, release approval, and screening state
- RFQ board with counterparty eligibility, quote window, rate, spread, fee, capacity, and settlement source
- Firm quote, expiry, approval chain, execution reference, expected AED proceeds, and fee basis
- Settlement affirmation across asset leg, AED leg, custody release, counterparty affirmation, and mismatch state
- AED release with beneficiary validation, bank route, payout instruction, cutoff, and credit advice
- Booking journal, proceeds, fees, custody movement, allocation, ledger reference, and zero-break close
Lifecycle stages
| Stage | Flow steps | Notes |
|---|---|---|
| Custody Admission | Record custody lot, asset scope, wallet policy, free balance, release approval, and screening state before RFQ opens; Keep treasury intent, custody evidence, and release posture attached to one route record | Custody proves the asset is available; it does not by itself create an AED cash outcome. |
| Rfq Board | Track eligible counterparties, quote window, rate, spread, fee, capacity, and settlement source before quote lock; Keep RFQ expiry and counterparty eligibility visible before execution approval | |
| Quote Lock | Bind firm quote, expiry, approval chain, execution reference, expected AED proceeds, and fee basis; Hold settlement until the quote, custody lot, and treasury approval agree | |
| Settlement Affirmation | Confirm asset leg, cash leg, custody release, counterparty affirmation, and settlement mismatch state; Keep settlement source and execution reference attached before AED release opens | |
| Aed Release | Bind beneficiary validation, bank route, payout instruction, cutoff state, and credit-advice expectation; Keep AED release separate from trade execution until bank controls clear | AED payout release stays bank-controlled and separate from trade execution. |
| Post Trade Booking | Post journal rows for proceeds, fees, custody movement, allocation, and ledger reference before close reconciliation; Keep finance posting tied to the same execution, bank, and custody references | |
| Close Reconciliation | Close only after custody, trade, AED bank, booking, fee, and reconciliation references match; Publish the close state with zero open breaks and final action back to the case list | Close depends on custody, trade, bank, finance, and break records agreeing. |
Setup reference
| Field | Explanation | Related terms |
|---|---|---|
| Trade notional | Sets the notional carried through custody admission, quote lock, settlement affirmation, AED release, booking, and reconciliation. | |
| Execution path | Supports more than one execution path. Controls how the RFQ and execution route are sourced before AED settlement. | |
| Traded product | Fixed for this case. Scoped to one custodied product or asset pair. | |
| Trade direction | Fixed for this case. Determines how settlement, AED proceeds, and booking rows are read. | |
| Custody model | Fixed for this case. Determines how custody admission and release confirmation are handled. | |
| Settlement pattern | Fixed for this case. Determines how settlement affirmation and AED release are recorded. | |
| Counterparty class | Fixed for this case. Determines which counterparty context appears in RFQ and execution. | |
| Operating window | Operational timing for custody release, quote validity, AED cutoff, booking, and reconciliation sign-off. | Operating window |