Worldwide Futures Exchange Project (WFX)

1 minute overview

A proposed decentralized self-clearing spot futures exchange for every country in the World on one Swiss platform trading all fiat currencies, all global commodities in any currency, and all crypto currencies along with global interest rate differentials and numerous approved stocks. Technology will include, but not be limited to, blockchain (Dfinity Internet Computer), AI, edge computing, and the open-source Exchange Core Matching Engine.

The WFX single platform trading and hedging options and capabilities will be superior to those of the World’s collective conventional futures exchanges. WFX is an exponential growth startup that speculatively has the potential of opening for business at a value of 50 to 100 times the initial developmental capitalization.

WFX asserts that the government agencies of most countries would agree that the movement of trading from the over-the-counter-market to the regulated cash-based futures markets is always desirable. WFX intends to accelerate this through the creative SmithMatrix design of its futures contracts and through decentralization.

For incorporation, and a FINMA compliant data center location, in the Swiss Canton of Ticino.

"Global Creative Economic Revolution bringing the future to the present"

WFX intends to seek first stage funding of 6MM CHF from accredited institutional investors only.


Copyright February 17, 2025, RGSmith@TheSmithMatrix.com, +1-609-954-5040.​

Any spaces with XXXXXX are trade secrets and require the following mutual NDA to be submitted by email in order to view the trade secrets: Mutual NDA form - 2026.docx

Project Overview

One Worldwide Financial Exchange for all Countries on one platform.

Transparent Regulated Exchange in Switzerland - Not an Unregulated Crypto Exchange

XXXXXXXXX Spot Futures Exchange with a Common Digital Currency P&L

Global Financial Unity with Common Denominator Trading


Self-Clearing - No Clearing House and Intermediary Brokers are not necessary.

To be open 24/7 365 days a year.

Competition

All of the large futures exchanges in the World none of which are decentralized.

Introduce WFX

Through a WFX Trading Game Subscription


Initial Value

At least 500MM CHF at opening based on the sale history of small creative exchanges to larger exchanges.

Goal

Be as large as any major exchange within 7 years of opening.


Revenue

Fee per contract traded.


Competition

All the financial exchanges in the World.


WFX Short Pitch

WFX will be a global decentralized self-clearing spot futures exchange on one centralized Swiss platform, serving all the countries of the World. Through the proprietary SmithMatrix trading methodology WFX will strive for a comprehensive global common denominator standardization of futures trading with a common digital currency P&L across all currency contracts, commodity contracts, crypto currency contracts, and approved stock contracts. The currencies, commodities, crypto, and approved stocks will be able to be priced in terms of any other currency, commodity, crypto or approved stock. WFX technology will include, but not be limited to, DLT/AI, blockchain/Dfinity Internet Computer, edge computing, and the open-source Exchange Core matching engine. The WFX Project can be likened to a driverless car. There will be no live trading outreach to other countries via the cloud/internet or by any other means. All trading and self-clearing will take place in real time only in Switzerland under Swiss financial regulations. Margin money will flow into Switzerland from the whole World and exchange trading profits will flow out to the whole World only from Switzerland. WFX will increase global cross-currency trading on a regulated exchange and increase the depth and breadth of all current futures markets. There will be a special emphasis on markets and financial and commodity products of underdeveloped countries. WFX will also offer interest rate differential trading between as many countries as possible. A WFX Global Trading Game will precede the opening of the WFX Exchange to introduce TheSmithMatrix trading methodology to the World.


Expressions That Symbolize WFX

Independent Financial World

One Worldwide Financial Exchange

Decentralized Financial Exchange

Centralized Decentralized Global Exchange

Financial Exchange Ecosystem

WFX Metaverse

Global Financial Unity

Financial Digital Country in the Metaverse

Transparent Regulated Exchange

All Global Values on One Exchange

One Platform

Spot Commodity Prices

Spot Currency Prices

Spot Stock Prices

Major Ports of Destination (POD)

Point Of Sale (POS)

Futures Exchange

Futures

Spot Futures Exchange

Continuous Spot

Thousands of Virtual Trading Pits

Currency Futures

Direct Currency Conversion

Commodity Futures

Stock Futures

Digital Currency Futures

Crypto Currency Futures

Carbon Emissions Allowance Futures

Global Interest Rate Differentials

Interest Rate Spreads

Forward Spread Agreement

Infinite Vertical Price Continuum

Common Denominator

Trading Pattern

TheSmithMatrix

Copyright Protected

Spreading

Currency Crosses

Cross Currency Spreads

Infinite Trading Combinations

Depth and Breadth of Trading

Digital Currency

Crypto Currency

Major Fiat Currencies

Independent Global Reserve Currency

WFXdigital Currency

SilverDollarCoin Digital Currency

GoldXXX Digital Currency

BitcoinXXXX Digital Currency

Infinite Notional Values

Infinite Pricing Combinations

Everything is Money

Price Anything in Terms of Anything Else

Real Time Pricing

Infinite Non-Fiat Money Supply

Revolutionary Global Barter System

High Frequency Traders

Speculators

Commercial Hedgers

Currency Hedgers

Commodity Hedgers

Agricultural Hedgers

Stock Hedgers

Interest Rate Hedgers

Precise Hedging

Developing Economies

Developed Economies

Revolutionary Financial Technology

Exchange Core matching engine

DLT

AI

Blockchain

Blockchain Wallet

Edge Computing

Self-Clearing

Margin

Multiple Currency Margin

Data Mining



Logo



The Butterfly Effect

WFX will demonstrate the "Butterfly Effect"

All Global Trading on One Exchange Platform

One Decentralized DLT/AI Platform

XXXXXXX Spot Commodity Trading

XXXXX Spot Currency and Crypto Trading.

XXXXXX Spot Approved Stock Trading

Interest Rate Differential Futures


Research Commodity, Currency, and Stock Index Contract Possibilities

Depth and Breadth of Trading due to Global Reach


One Digital Currency P&L - Digital Swiss Francs or WFXdigital


No Live Trading Outreach via Cloud/Internet

Key Pricing Features

Daily Mark-To-Market

Continuous Currency Feed

Major Ports of Destination (POD) Mark-To-Market

Point Of Sale (POS) Mark-To-Market

Exchange Offerings

XXXXX Spot Trading into the infinite future with no Carrying Cost

30,000 plus Virtual Trading Pits

Bypass USD as Intermediary Currency Converter

Direct Currency Conversion

Specialized Contracts

Global 3-month and 10-Year Interest Rate Differential Futures

4 Proprietary Digital Currencies

Carbon Emissions Allowance Futures

Proprietary Currency and Commodity Index Futures

TheSmithMatrix

Infinite Vertical Price Continuum

Common Denominator Futures Contracts for easy Pricing and Spreading and easy Cross Currency and Cross Commodity Trading.

Trading Methodology

Copyright Protected

XXXXXXXXXXXXX


XXXXXXXXXXXXXXXXXXXXXXXXXXXXX


XXXXXXXXXXXXX


XXXXXXXXXXXXXXXXXXXXXXXXXXXXX


XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX


XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX


Infinite Trading Combinations in 130 plus Currencies and 100 plus Commodities


Pricing Flexibility

Price Anything in terms of Anything Else

Real Time Pricing

Price Commodity Futures in terms of Any Currency

Revolutionary Global Barter System


WFX Digital Currencies

WFXdigital Currency - Potential Independent Global Reserve Currency - XXXXXXXXXXXXXXXXXXX

BitcoinOneThousandth Digital Currency

SilverDollarCoin Digital Currency

Gold100 Digital Currency

Customer Profile

(All the Traders and Hedgers in the World)

High Frequency Traders

Small and Large Speculators

Large and Small Commercial Hedgers and Traders

Large and Small Currency Hedgers and Traders

Agricultural Hedgers


Interest Rate Hedgers


Stock Hedgers


Countries with Reserves or Wealth Funds


Educational Institutions


Small Businesses in Developing Countries


Revolutionary Financial Technology

DLT

AI

High-Speed Open Source Blockchain

Dfinity Internet Computer

Edge Computing

Open-Source Exchange Core Matching Engine

Innovation

Common Digital Currency P&L for all Futures Contracts.

Self-Clearing

Pricing All Values in Any Currency

Multiple Currency Margin beyond that provided by the present-day Large Futures Exchanges.

Financial Flows

Margin Money will flow into WFX XXXXXX in Switzerland from the World

Exchange Trading Profits will flow out to the World from WFX XXXXXX.

Additional Offering

Introduce WFX and TheSmithMatrix through a WFX Global Trading Game which will employ the same trading methodology, futures contracts, and platform as the WFX Exchange.

WFX Benefits 1-3

1

OTC to Regulated Exchange

Transfer trillions in daily global currency trading from OTC to a regulated exchange via TheSmithMatrix.

2

Improved Pricing and Hedging

Provide more accurate pricing, hedges, and financial/product protection.

3

Increased Non- Fiat Money Supply

Allow standardized values to be priced in terms of any other standardized value, increasing non-fiat global money supply and country GNPs.

WFX Benefits 4-6

4

Direct Currency Conversion

Create direct currency conversion without using the USD as an expensive intermediary.

5

Developing Countries

Increase global access to, and increase the depth and breadth of, developing countries' financial markets.

6

Global Reserve Currency

Create an independent global reserve digital currency (WFXdigital) through TheSmithMatrix.

WFX Benefits 7-10

7

Cross-Border Trading

Dissolve cross-border trading challenges by revolutionizing global clearing.

8

Carbon Emissions Trading

Create carbon emissions allowance futures tradable in 130+ currencies or in one global digital currency.

9

Financial Data Mining

Enable comprehensive financial data mining for real-time global economic insights.

10

Global Barter System

Result in a revolutionary global barter system priced via TheSmithMatrix.

WFX Advantages over Present-Day Futures Exchanges

XXXXXXX Spot Currency and Commodity Futures with no Carrying Charge.

Very Small Base Futures Contracts to Enhance Creativity

No Membership or Entrance Fees

Very Flexible Trading Contract Sizes via Block Trading

Lower Contract Fees


All Size Futures Contracts trading on the same Pricing Continuum


"The Simpler the Better" Motto with Common Denominator Pricing and P&L


No Separate Jumbo/Standard/Mini Contracts

Everything is Money


Any Individual in the World of any Net Worth can hedge their Net Worth on an ongoing basis in terms of any Global Value .


Further Advantages and Futures Contract Specifications

8,000+ Cross-Currency Combinations

6,000+ Cross-Commodity Combinations

Unrealized P&L converted instantly to DCHF or WFXdigital at No Cost

DCHF or WFXdigital Common P&L convertible to any Currency for a Small Fee


XXX Units (kg/g/mg) Notional Contract Amount for Commodities with Infinite Combinations


Metric Weight as Common Denominator


XXXX Notional Base Currency Common Denominator Amount with Infinite Combinations


XXXXX Base Currency priced in terms of Counter-Currency


Trading Blocks of 10 or 50 or 100 or 1000 Contracts for a Small Contract Fee


Currency Conversion

WFX plans to partner with a large currency trading group for instant currency conversions at a reasonable cost. As WFX grows, platform traders are expected to fill conversion requests.

Real-Time Data Partnership

WFX is in discussions with the London Stock Exchange Group (LSEG) about providing daily real-time currency and commodity quotes for mark-to-market, settlement, and P&L calculation purposes.

Regulatory

Swiss Self-Regulation for Currency, Commodity, and Crypto Futures

FINMA Approval required for Interest Rate and Approved Stock Futures

WFX Project Summary

Development of a decentralized DLT/AI/digital currency based global continuous spot margin (.05 to 5%) futures exchange with three high-impact innovations:

1

TheSmithMatrix

Mechanization of Proprietary Global Pricing Methodology

2

Self-Clearing

Circumventing Clearing Houses, Brokers, and Banks

3

WFXdigital

Common Digital Currency P&L with Potential for an Alternative Reserve Currency



Technology Configuration



Development Schedule/Milestones Beginning June 16, 2025

1

Month 1 WFX Tech Team begins development of the WFX Prototype and the WFX Trading Game and WFX starts drafting specifications for all WFX futures contracts.

2

Month 6 WFX begins drafting Self-Regulatory Applications and Application to the Swiss Financial Market Supervisory Authority (FINMA) plus begins communicating with FINMA regarding the intent of WFX.

3

Month 9 WFX completes initial WFX Platform Prototype plus WFX Trading Game and begins internal Platform testing (3 months) and files for WFX Platform Patent.

4

Month 12 WFX begins organizing Marketing and 24-hour Customer Service for WFX, including the WFX Trading Game.

5

Month 13 WFX files Self-Regulation Applications plus files WFX FINMA Registration and submits WFX Platform to FINMA for testing and begins marketing the WFX Trading Game and the WFX Exchange.

6

Month 16 WFX releases WFX Trading Game.

7

Month 18 WFX opens for business under Self-Regulation for Currencies, Commodities, and Crypto.

8

Month 24 WFX receives FINMA approval for Interest Rate Differentials and Approved Stocks.

WFX Projected Budget

WFX revenue is fee based.

Founder - Richard Griffiths Smith Jr.

Visionary leader behind the Worldwide Futures Exchange Project (WFX)

Creative Thinker

Pioneering a global decentralized self-clearing continuous spot futures exchange with a common denominator trading methodology called TheSmithMatrix.

Industry Expert

The World's foremost developer of futures contracts. Developer of the Forward Spread Agreement (FSA) and TheSmithMatrix trading methodology.

R G Smith Resume

acrobat.adobe.com

Adobe Acrobat


WFX Group Team (h)







As appropriate Smith will provide the password to view the 13 Member WFX Group Team which includes the technology team, the futures contracts specifications team, the marketing team, the customer service team, and the legal team.