Commtrac
Comtell

WBTT002

For A-Book Proprietary Firms

"When profits become real, bank to bank settlements become instant."

The WBTT002 protocol provides a secure settlement bridge for firms operating under a direct-execution (A-Book) model, facilitating instant bank-direct withdrawals. By synchronizing the firm's live brokerage clearing accounts with global banking rails, WBTT002 ensures that payouts are backed by realized market profits and available for immediate disbursement via SWIFT or local networks.

Bank-Direct Settlement Flow

Firm BrokerageClearing AccountWBTT002Instant SettlementReconcileFees & SwapsValidateNet EquityAuthorizeBank TransferContractor BankAccountSWIFT / Local Rails

Secure bank-direct settlement with real-time reconciliation of execution costs and profit distributions

Core Functional Specifications

Engineered for high-fidelity financial reconciliation, the WBTT002 protocol eliminates the traditional delay between closing a live position and receiving a bank-direct payout. This protocol utilizes market-linked clearing logic that validates the net-realized equity in the firm's brokerage account before authorizing an instant bank transfer to the contractor of the firm.

Market-Linked Clearing Logic

Position StatesOpenLive on ExchangeMark-to-MarketClosingPosition FlattenExecution VenueSettledBank DeliveredFinality ReachedVerifiedLedger MatchZero VarianceReal-Time ValidationPosition MatchVenue vs. LedgerFee DeductionVerified & AppliedSwap AccrualOvernight CostEquity CheckFunds AvailableSplit CalcFirm / ContractorAuth TransferBank Rails ReadyClearedReady forSettlementCommtrac SDK IntegrationCustom validation rules, automated profit-split enforcement, and instant bank-transfer authorization

Multi-stage validation ensures settlement integrity without compromising speed

The protocol also natively manages the nuances of A-Book operations, including the reconciliation of execution fees, overnight swaps, and profit-sharing splits. It ensures that the funds transmitted to the contractor's bank account are reconciled against the actual net-new equity generated at the execution venue, not just the simulated ledger under the contractor's control.

The Commtrac SDK further allows A-Book firms to implement custom high-water mark logic and automated performance-fee deductions, providing a seamless, high-velocity experience that mirrors the efficiency of an institutional prime brokerage.