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ORBITRAONE

Markets · Equities

Equity exposure with the rules attached.

Tokenized equities and synthetic exposure, where legally available. Corporate actions arrive as lifecycle events, and issuer and eligibility rules are checked through VaultID before an order reaches the book.

Illustration: A basket of tokenized equity exposures updates as a corporate action arrives, and each allocation passes an eligibility check.

Overview

Two routes to equity exposure

Tokenized equities represent shares held under a disclosed structure and may carry the economic rights of those shares. Synthetic exposure tracks a share price through a derivative contract and conveys no ownership or voting rights. The difference matters, so every listing states which route it uses and what the holder receives.

Both routes sit alongside your other positions in one portfolio. VaultID applies issuer and jurisdiction rules, Prism tracks whether the primary market is open, and dividends, splits and mergers are applied as signed lifecycle events rather than manual adjustments.

Capabilities

How equity access is engineered

  1. 01

    Tokenized equities

    Tokens representing shares held under a custody and issuance structure that is disclosed for each listing.

  2. 02

    Synthetic exposure

    Price exposure through derivative contracts, where legally available, without ownership or voting rights.

  3. 03

    Corporate actions

    Dividends, splits, mergers and rights issues processed as lifecycle events with record-date entitlements.

  4. 04

    Eligibility checks

    Issuer and jurisdiction rules are evaluated against VaultID credentials as part of pre-trade checks.

  5. 05

    Session awareness

    Reference prices and bands reflect whether the primary market is open, closed or halted.

  6. 06

    One portfolio

    Equity positions share one Aegis risk graph with digital assets, FX, commodities and derivatives.

Lifecycle

The life of an equity position

  1. 01

    Eligibility

    VaultID confirms that the account meets the listing’s issuer and jurisdiction rules.

  2. 02

    Order

    Side, size and limit are signed, with the listing’s rights summary attached.

  3. 03

    Pre-risk

    Aegis checks balances, margin where applicable and concentration limits.

  4. 04

    Match

    ApexMatch fills at price-time priority within session-aware price bands.

  5. 05

    Hold

    Prism reference prices value the position while the primary market’s status is tracked.

  6. 06

    Corporate action

    Dividends, splits and other events apply to record-date holdings deterministically, each with a signed record.

  7. 07

    Exit

    Positions are sold, closed or redeemed as the listing’s structure permits.

Protection

Safeguards specific to equities

  • 01

    Rights disclosure

    Each listing states the economic, voting and redemption rights it carries — including when it carries none.

  • 02

    Transfer restrictions

    Tokenized shares move only between eligible holders; transfers to ineligible accounts are rejected by the protocol.

  • 03

    Off-hours pricing

    When the primary market is closed, reference prices and bands reflect that state rather than implying a continuous market.

  • 04

    Event integrity

    Corporate-action data is signed at source, applied once and reconciled against record-date balances.

  • 05

    Structure disclosure

    The issuer, custodian and attestation arrangements behind each tokenized listing are published with the listing.

Order types

Order types for equities

Available order types follow the listing and its session. Definitions are on the execution page.

Core

  • Market
  • Limit
  • Stop
  • Stop-limit
  • Post-only

Advanced

  • OCO
  • Bracket
  • Trailing
  • Iceberg

Algorithmic

  • TWAP
  • VWAP
  • Arrival price

Institutional

  • RFQ
  • Block
  • Basket

Specifications

Specifications

Instruments
Tokenized equities and synthetic exposure, where legally available
Eligibility
Issuer and jurisdiction rules enforced through VaultID credentials
Corporate actions
Dividends, splits, mergers and rights issues as signed lifecycle events
Reference prices
Prism market state with primary-session status
Holder rights
Stated per listing; synthetic exposure conveys no ownership or voting rights
Settlement
Tokenized listings settle delivery-versus-payment inside Orbitra L1; synthetic positions settle through clearing deltas

Tokenized and synthetic equity products are available only where the law permits and only to eligible persons. Structure and rights differ by listing, and some listings are limited to specific investor categories. Read jurisdictions, the digital-asset disclosure and, for synthetic exposure, the trading and leverage risk disclosure before trading.