Clearing

Clearing

Our standardized clearing process requires all regulated derivatives be cleared by the clearing house of CDX as the central counterparty, or CCP. CDX ensures by monitoring that all derivative brokerage firms conduct their daily business transactions as per regulation and terms of agreement between the parties involved in a professional manner. As a clearing house, we provide critical counterparty risk mitigation and requiring that parties post collateral every day. We also centralize trade reports, and can provide any level of post-trade transparency to the OTC derivatives market — same-day trade reporting, including prices, aggregate and counterparty-level position data.