Clearing

Clearing

Access the core services, reporting tools, and operational resources that support post-trade activity at Abaxx Clearing.

Licensed as an Approved Clearinghouse (ACH) by the Monetary Authority of Singapore, Abaxx Clearing is the designated clearinghouse for Abaxx Exchange. As the central counterparty of all executed trades, Abaxx Clearing mitigates potential counterparty credit risk for Clearing Members and guarantees settlement.


Core Services

Abaxx Clearing provides the following clearing services such as trade management, position management, risk management and collateral management such as:

  • Facilitates collateral deposit, withdrawal, and substitution requests.

  • Conducts clearing cycles throughout the trading day to calculate margin requirements (e.g., variation margin, initial margin, and additional margin) and value collateral.

  • Monitors and manages the settlement of Clearing Member financial obligations (e.g., margin, guaranty fund, and physical delivery).

  • Provides daily trade, position, collateral, pricing, and risk management reports for post-trade activity.

  • Oversees the delivery process for physically settled futures contracts, ensuring the transfer of the physical commodity from seller to buyer upon contract expiration, in accordance with contract specifications and delivery timelines.

  • Facilitates post-trade clearing requests including, but not limited to, give-up, take-up, trade allocation, position transfers, and gross position adjustments.

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Abaxx Exchange Clearing Resource Center | Abaxx Exchange