On-Sheet Lending availability: OSL is Preview. Talk to your Lead team about the offering and when your program can enable it.
Why the Model Matters to Your Integration
Mechanically, almost nothing changes — the daily exchange runs either way, and every other API and file interface is identical under both models. What changes is what the exchange means and where accuracy is load-bearing:- Under OTS, the daily sale is a real asset transfer with a real cash movement, so a funded operating account and same-day confirmation are the daily obligations.
- Under OSL, Lead’s held position is maintained from what you report, so your daily Balance and Transaction reporting is what keeps Lead’s balance sheet accurate — reporting accuracy becomes critical, not only compliance-relevant.