How We Operate
AuHandel works exclusively with institutional and professional counterparties. Our operating model is compliance-led: every relationship begins with risk-based onboarding and due diligence, and every transaction is executed under contract — with terms, responsibilities, and settlement mechanics agreed and documented before execution.
Transactions are executed relative to prevailing spot market references, with contractual adjustments reflecting material characteristics, location, settlement terms, and counterparty risk.
AuHandel does not publish prices, discount schedules, or indicative spreads. Market context is available on the Market Reference page.
From intake to monitoring
A disciplined sequence applied to every counterparty relationship and transaction. The depth of each step scales with risk.
- 01
Counterparty intake
Initial enquiry and scoping. We establish the counterparty’s legal identity, jurisdiction, role in the transaction (buyer, seller, or broker), intended transaction type, and timeline. Enquiries that fall outside our institutional scope are declined at this stage.
- 02
Risk-based onboarding (KYC / AML)
Verification of the legal entity, authority to transact, and — where applicable — beneficial ownership and control. Screening covers geographic and CAHRA exposure, adverse information, and sanctions considerations. Elevated risk indicators trigger enhanced due diligence and senior management review.
- 03
Indicative structuring
Once onboarding is progressing, we discuss indicative transaction structures: material characteristics, delivery location, settlement terms, and documentation requirements. Indicative discussions do not constitute an offer or quote.
- 04
Contract-led execution
Transactions are executed under agreed contractual terms. Pricing, adjustments, settlement mechanics, and responsibilities are defined in the contract before execution — not negotiated informally around it.
- 05
Settlement & documentation
Settlement follows the contract, with transparent payment arrangements and complete documentation. Cash-intensive structures, unexplained third-party payments, and unusual routing without credible justification are declined. Records are maintained to support audit readiness.
- 06
Ongoing monitoring
Counterparty relationships and activity are reviewed on a risk basis — particularly where the risk context changes, transaction patterns shift materially, or new adverse information arises.
Counterparty enquiries
Onboarding and due diligence are required before transacting.