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

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
  • 12 OTC FX Non-Deliverable Forwards include:
  • 26 OTC FX Cash-Settled Forwards Include:
    • USD, T+2 Settlement currencies: 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/THB
    • USD, T+1 Settlement currencies: USD/TRY
    • Non USD, T+1 settlement currencies: USD/CAD
    • Non USD, T+2 settlement currencies: USD/JPY, AUD/JPY, EUR/JPY, CAD/JPY, EUR/AUD, EUR/CHF, EUR/GBP

OTC FX Market Data

 

USD

EUR

AUD

CAD

GBP

NZD