Custody and control
Do you hold our funds?
Do you hold our funds?
No. Pod wallets are self-custodial and stay with the pod. Cash at an account-based venue such as Kalshi stays in your account, at the venue, under your name. Our credentials there are trading-only.
Can ParlayX close our positions?
Can ParlayX close our positions?
No, under any circumstance, including non-payment. Closing a position is a trade, and trades belong to you.
What happens if we leave?
What happens if we leave?
Service ends and access to your own assets does not. You keep the ability to retrieve your keys and move funds and positions out. See Off-Boarding & Revocation.
Do we have to bring our own venue accounts?
Do we have to bring our own venue accounts?
For account-based venues, yes — the account is KYC’d to your entity and cannot be delegated. You connect the account you already hold. Wallet venues need nothing from you; each pod gets its own wallet.
Structure and access
How many pods do we need?
How many pods do we need?
One per book you would want funded, measured, and permissioned separately. Strategy, desk, client book, or venue are all common cuts. See Pods.
Can one trader work in several pods?
Can one trader work in several pods?
Yes. They hold a separate key per pod, and nothing carries between them.
Can a trader see the whole book?
Can a trader see the whole book?
Not through an actor key. Actor keys read their own orders and fills. Organization-wide and pod-wide oversight is an admin function in the console.
Are pods really isolated on Kalshi?
Are pods really isolated on Kalshi?
With one account tied to one pod, yes. If you tie one account to several pods, ParlayX attributes activity correctly but the venue still sees one balance — capital is commingled there. Hard isolation on an account venue requires a separate account per pod, or venue-side subaccounts. We would rather say this plainly than have you discover it later.
Can we set position or notional limits per trader?
Can we set position or notional limits per trader?
Access control — which pod, which capital, what the actor may do — is enforced today. Quantitative pre-trade limits are on the roadmap; talk to us about what your desk needs and where it sits in our sequencing.
Venues and markets
Which venues do you support?
Which venues do you support?
Kalshi and Polymarket. New venues on customer request, typically a one to two week integration.
How does market matching work?
How does market matching work?
Deterministically. The same outcome maps the same way every time, rather than being inferred probabilistically by a model. See Market Mappings.
Do you support markets outside sports?
Do you support markets outside sports?
Mapping coverage currently concentrates on sports, where our customers are. Other categories expand with demand — tell us what you need.
Do you route orders or choose venues for us?
Do you route orders or choose venues for us?
No. You decide where to trade. ParlayX gives you comparable prices and liquidity for the same outcome across venues, and executes what you instruct.
Product and commercial
Is there an API, or is this console-only?
Is there an API, or is this console-only?
Both. Everything meaningful is available programmatically, and the console is the oversight surface. See the API Reference and SDK.
Do you provide analytics?
Do you provide analytics?
Position, exposure, and P&L analytics across pods, actors, and venues are part of the product. See Portfolio and positions. We are not a CRM and do not manage client relationships.
Do you offer margin or leverage?
Do you offer margin or leverage?
Not today. Cross-venue collateral efficiency is where the product is headed, and it depends on the position data this platform already produces. Talk to us if it is relevant to your desk.
Are you a broker, exchange, or counterparty?
Are you a broker, exchange, or counterparty?
None of those. ParlayX is software. You hold the venue relationships, you hold the capital, and you remain responsible for your own regulatory position and venue eligibility. We do not take the other side of your trades.
What does it cost?
What does it cost?
Pricing is set by plan, based on how many pods you run and how many actors trade them. Email contact@parlayx.com and we will walk you through the options.