Clearing
LCH’s SwapClear is the world’s leading OTC interest rate clearinghouse. By partnering with LCH, FMX delivers safe, efficient, and margin-reducing trading opportunities to the U.S. interest rate futures markets.
LCH’s clearing service offers advanced portfolio optimization across listed and OTC positions, allowing clearing members and their clients to potentially realize lower margin requirements and reduced counterparty risk against the world’s deepest cleared OTC liquidity pool within a single clearinghouse.
All FMX Futures positions are eligible for cross-margining against the member’s SwapClear portfolio across more than a dozen major currencies.
AN ESTABLISHED CLEARING SOLUTION
FMX’s clearing agreement with LCH is designed to provide a platform for generating significant margin relief between LCH-cleared Interest Rate Swaps and FMX U.S. Interest Rate futures.
For further information on LCH’s Listed Rates clearing offering, click here.
For LCH’s Initial Margin framework, click here.
ALTERING THE CURRENT FUTURES LANDSCAPE
FMX Futures Exchange has entered into a clearing agreement with LCH to provide a complete clearing solution that allows users to cross-margin futures with interest rate swaps (IRS).
The agreement with LCH’s Listed Rates clearing service enables capital and operational efficiencies between OTC IRS and US futures positions. We believe this innovative offering significantly alters the current Futures landscape.