CLSClearedFX
CLSClearedFX mitigates settlement risk and improves operational efficiencies when settling cleared FX and derivative products.
Through our unique payment-versus-payment settlement system, central counterparties (CCP) and their clearing members can also benefit from improved liquidity and credit efficiencies for both cleared and uncleared FX cashflows.
LCH was the first CCP to go live on the redesigned CLSClearedFX.
“The synergy and robust affinities from joining the main CLSSettlement session via CLSClearedFX will enable us to better serve our clients.”
Andrew Batchelor
Head of ForexClear, LCH
Head of ForexClear, LCH
Improves
- Operational efficiency
- Capital and margin efficiencies
Reduces
- Settlement risk
- Counterparty credit risk
- Liquidity demands
FX Global Code
Supporting adherence to the FX Global Code through:
- Principle 35, settlement risk
CLSClearedFX process flow
Find out more
Product overview
CLSSettlement overview
Settlement
3 min read
Video
CLSSettlement in a day - how it works
Settlement
2 min watch
Article
CLS, a market infrastructure group delivering settlement, processing and…
The FX ecosystem
2 min read
Article
The current financial market volatility arising from the spread…
The FX ecosystem
10 min read