Your deal. Your terms. Our clearing.
Private rooms are secure deal rooms where two carriers negotiate and trade directly — rates and volumes visible only to them — while Dial Peer runs the financial layer: protected settlement, the seller's chosen payout cadence, zero counterparty credit risk.
Direct relationships still matter.
Some traffic belongs on negotiated terms: strategic destinations, committed volumes, reciprocal deals, brand-sensitive routes. In the bilateral world those deals carry the worst of the overhead — custom contracts, dedicated interconnects, and full credit exposure to the counterparty. A private room keeps the relationship and deletes the overhead.
Invisible to the market
Rates, volumes, and the existence of the deal itself are visible only to the two parties. Nothing leaks into open-exchange pricing.
No counterparty exposure
The exchange clears the trade. The buyer's terms remain subject to the same underwriting — or prepay — so neither carrier ever extends credit to the other.
Same interconnect
Private-room traffic flows over the interconnect you already have. A room is configuration, not construction.
Your cadence applies
The seller's chosen payout cycle — as fast as daily — covers room traffic exactly like open-exchange traffic.
From handshake to traffic in four steps.
Open the room
Either member invites a counterparty — an existing exchange member or a carrier you bring to the platform. The room is private from the moment it opens.
Negotiate directly
Agree rates, destinations, volumes, and quality commitments between yourselves. Your commercial terms live only in the room — they never become market data.
Trade on room prefixes
The agreed routes get tech prefixes scoped to the room. Traffic flows over each party's existing single interconnect with the exchange.
The exchange clears
CDRs rate against the room's agreed prices. The seller is paid on their chosen cadence and rail; the buyer settles with the exchange on their underwritten terms or prepay balance. No invoices fly between the parties.
The bilateral deal, minus the bilateral risk.
- No custom contract per relationship — the exchange agreement governs, your commercial terms ride inside it
- No dedicated interconnect builds for one partner
- No credit committee reviewing each counterparty — underwriting at the exchange level covers it
- No receivables exposure if the partner's business turns — insurance absorbs a default, not you
- No settlement disputes — both sides rate against the same exchange CDRs
The result: every direct relationship you'd hesitate to extend credit to becomes tradeable — and every existing relationship sheds its back-office cost.