Institutional counterparties
cannot express.
Provide capacity to Tomorrow’s private book—or originate portfolio-aware risk transfer with named evidence, bespoke payoff geometry and terms built for the horizon.Live bilateral RFQs are limited to verified ECPs and remain subject to documentation, credit and capacity review.
Prefer residual? Hedge funds
Institutional risk transfer
Capacity follows the mandate.
Quote prepared RFQs or originate from your portfolio. Nothing becomes firm before evidence, eligibility and capacity are approved.
- Subjects
- Macro · Companies · World risk
- Structures
- Fixed · Range · Multi-event · Perpetual
- Size bands
- Institution-set
- Authority
- Quote · decline · escalate
Set subjects, sides, maturities, size bands and exclusions once. Only matching RFQs enter your workspace. The mandate never obligates a quote or reserves capacity.
Bring a balance-sheet, P&L or concentration exposure. Tomorrow maps the driver, basis risk and desired protection, then prepares terms sized to the portfolio.
- Reference
- CPI-U
- Authority
- U.S. Bureau of Labor Statistics
- Observation
- Monthly release
- Payoff
- Threshold · range · capped gradient
Every RFQ names the reference, authority, observation schedule, threshold, fallback and payoff across outcomes. Tomorrow’s indicative model adds its inputs, confidence band and revision history; a firm price exists only after quote.
READ THE MODEL METHODOLOGY- Fixed term
- Defined endpoint
- Perpetual
- No fixed expiry
- Observation
- Contract-specific
- Termination
- Written in the confirmation
Use a multi-year fixed term when the thesis has an endpoint. Use a perpetual only for a genuinely recurring regime with no fixed expiry. Funding, observation, fallback and termination mechanics are written before quote.
- 01Introduction
- 02Entity and ECP verification
- 03Credit and documentation
- 04Mandate activation
Membership begins review; it does not confer ECP status or execution access. Each position requires a named counterparty, consent and transaction-specific capacity.
Eligibility is verified, not assumed. Bilateral contracts are not exchange-cleared, are not transferable, and carry counterparty credit risk. They involve a substantial risk of loss and are not suitable for everyone.
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