All FX derivatives will be cleared by 2014, say CCPs

3e8418c9-b10d-4f81-860c-50b0c245a368

All foreign exchange derivatives – not just those mandated for clearing by regulation – will be clearable through central counterparties (CCPs) by 2014, according to senior FX experts at two major CCPs.

“I think all of FX will be available to be cleared by sometime in 2014. When you trade an asset class, you tend to want to manage the risk across all the products of that asset class. So if you only clear a little bit of it – and non-deliverable forwards (NDFs) are only 3% of foreign exchange –

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: