Eurex tees up OTC forex clearing with CLS

Net settlement at CLS could slash liquidity risks for CCPs

forex mechanisms
Full-service strategy: the settlement service could reduce liquidity burdens

Eurex Clearing has struck a deal with CLS to use its net settlement service for cleared over-the-counter foreign exchange derivatives, has learned.

The move allows Deutsche Börse-owned Eurex, which currently clears and settles FX futures and listed options, to add OTC FX products such as swaps and forwards.

"This co-operation [with CLS] allows us to further expand our FX product portfolio," says Heike Eckert, deputy chief executive of Eurex Clearing in Frankfurt.

The deal comes more

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 -, or view our subscription options here:

You are currently unable to copy this content. Please contact 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: