FX clearing driven by capital and collateral costs rather than mandate

clearing and settlement

Market interest in clearing foreign exchange derivatives is increasingly driven by forthcoming requirements to hold additional capital and post initial margin against non-centrally cleared derivatives, rather than by the prospect of mandatory clearing, according to speakers at a webinar hosted by FX Week.

Speaking to an online audience on June 27, Gavin Wells, chief executive of ForexClear at LCH.Clearnet, estimated that due to delays in regulation, clearing of non-deliverable forwards (NDFs) is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: