# Orderflow Providers

An **Orderflow Provider (OFP)** is a regulated financial intermediary — such as a **bank, broker, financial commission agent, or (crypto) exchange** — that connects to the **21X DLT Trading and Settlement System (DLT-TSS)** and transmits orders to the platform.

Orderflow Providers typically operate under a **banking, investment brokerage, proprietary trading or financial commission  license**, depending on the applicable regulatory framework. They may submit orders:

* **on their own account**, or
* **on behalf of clients or end customers**.

In the context of the 21X platform, Orderflow Providers participate as **Professional Participants** and typically act in the capacity of a **broker executing or transmitting orders**.

### Responsibilities

Orderflow Providers facilitate the flow of trading activity into the 21X platform and are responsible for ensuring compliant market access.

Responsibilities include:

* Connecting their trading infrastructure to the **21X DLT-TSS**.
* Submitting orders on their own account or on behalf of clients.
* Ensuring all transmitted orders comply with the **21X Rulebook** and applicable regulatory requirements.
* Maintaining appropriate **compliance, risk management, and client oversight procedures**.
* Monitoring trading activity and preventing **market abuse or other prohibited conduct**.

### Requirements

Orderflow Providers must:

* Qualify as a **Professional Participant** under MiFID II.
* Be a **regulated financial intermediary** (e.g., bank, broker, financial commission agent, or exchange).
* Hold an appropriate license to enable brokerage such as a **banking, investment broker, or financial commission license** where required.
* Enter into the **Participation Agreement** with 21X.
* Establish technical connectivity to the **21X DLT-TSS** and maintain appropriate operational and compliance controls.