OTC FX Clearing Service

 
 
OTC FX Clearing Service

Cleared OTC FX

CME Group has worked closely with buy-side and sell-side participants to build a multi-asset class, market leading OTC clearing solution.

Key Benefits

  • Provides a post-execution clearing and settlement service designed to meet the risk-mitigation needs of market participants
  • Allows customers to retain the flexibility of OTC products and utilize any established OTC execution method, while addressing counterparty credit risk

Product Offering

Resources

Cleared OTC FX Product Scope

Product coverage is focused on Non-Deliverable Forwards (NDFs) and Cash-Settled Forwards (CSFs). We plan to offer a full OTC FX product suite including: FX options, spot, swaps, and forwards

  • Notional can be any bankable amount, with any valid business date out to 2 years
  • USD NDFs include:
  • CSFs include:
    • USD Settlement: EUR/USD, AUD/USD, GBP/USD, USD/CHF, USD/SEK, USD/DKK, NZD/USD, USD/NOK, USD/HKD, USD/HUF, USD/ILS, USD/MXN, USD/SGD, USD/PLN, USD/ZAR, USD/CZK, USD/TRY, USD/THB
    • Non USD, T+1 settlement currencies: USD/CAD, EUR/GBP, EUR/AUD, EUR/CHF
    • Non USD, T+2 settlement currencies: USD/JPY, AUD/JPY, EUR/JPY, CAD/JPY

Overview

Onboarding

Tools

OTC FX Market Data 
 

USD

EUR

AUD

CAD

GBP

NZD

 
 
 

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Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

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Contact Us

CME Group/Chicago HQ:
Local: +1 312 930 1000
Toll Free: +1 866 716 7274

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CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.