Mask Group 175

CLSClearedFX is the first payment-versus-payment settlement service specifically designed for over-the-counter (OTC) cleared FX products. It enables central counterparties and their clearing members to safely and effectively mitigate settlement risk when settling cleared FX and derivative products.

The service delivers capital, margin, leverage, liquidity and operational efficiencies for industry participants, and is consistent with goals set by the G20 in response to the 2008 financial crisis to mitigate systemic risk through the clearing of standardized OTC derivatives. LCH (OTC FX options) are now live on CLSClearedFX.

Through CLSClearedFX, we have taken our proven track record in mitigating settlement risk to the cleared FX market.

  • Operational efficiency
  • Capital and margin efficiencies
  • Settlement risk
  • Counterparty risk
  • Liquidity demands
FX Global Code
Supporting adherence to the FX Global Code through:
  • Principle 35, settlement risk

CLSClearedFX process flow

Clsclearedfx Diagram July2019

Find out more

Product overview Product overview

3 min read
Video Video

Contact us to find out more

*mandatory field By submitting this form, I acknowledge that I have read and understood the CLS Privacy Statement.
recaptcha logo
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.