LCH.Clearnet Limited’s ForexClear service has exceeded $50 billion in cleared notional of FX NDFs since launching only four months ago on 19 March 2012.
With 14 members clearing across six currencies, the service has seen a marked acceleration in daily volumes in the last month as FX market participants have become accustomed to the processes around clearing. Market Volatility in many currencies cleared has added to this, demonstrating the benefit that counterparty risk mitigation and daily exchange of mark-to-market can bring.
Utilising the unique OTC clearing experience of other LCH.Clearnet services, Swapclear and CDSClear, ForexClear delivers a robust Risk Management approach, combined with fully automated, scalable STP service.
Gavin Wells, CEO, ForexClear said: “I am delighted that our members have realised the benefits of clearing so soon after launch. With over 4,000 tickets novated, and with so many members having proven the service, we are now preparing to extend FX NDF clearing to clients. With the additional five currencies being added to the service in the coming weeks, we will provide 95% market coverage and look forward to bringing the benefits of clearing to the entire market.”
The first global clearing service for foreign exchange, ForexClear will shortly launch a client clearing solution to provide clients with robust protection and benefits such as segregation of margin and collateral and portability of client positions. The client offering is subject to regulatory approvals.
ForexClear clears NDFs in six of the most actively traded currencies, Brazilian Real, Chilean Peso, Chinese Yuan, Indian Rupee, Korean Won, Russian Ruble, and will extend these to include Colombian Peso, Indonesian Rupiah, Malaysian Ringgit, Philippine Peso & Taiwan Dollar in the coming weeks.
LCH.Clearnet Limited’s ForexClear service has exceeded $50 billion in cleared notional of FX NDFs since launching only four months ago on 19 March 2012.
With 14 members clearing across six currencies, the service has seen a marked acceleration in daily volumes in the last month as FX market participants have become accustomed to the processes around clearing. Market Volatility in many currencies cleared has added to this, demonstrating the benefit that counterparty risk mitigation and daily exchange of mark-to-market can bring.
Utilising the unique OTC clearing experience of other LCH.Clearnet services, Swapclear and CDSClear, ForexClear delivers a robust Risk Management approach, combined with fully automated, scalable STP service.
Gavin Wells, CEO, ForexClear said: “I am delighted that our members have realised the benefits of clearing so soon after launch. With over 4,000 tickets novated, and with so many members having proven the service, we are now preparing to extend FX NDF clearing to clients. With the additional five currencies being added to the service in the coming weeks, we will provide 95% market coverage and look forward to bringing the benefits of clearing to the entire market.”
The first global clearing service for foreign exchange, ForexClear will shortly launch a client clearing solution to provide clients with robust protection and benefits such as segregation of margin and collateral and portability of client positions. The client offering is subject to regulatory approvals.
ForexClear clears NDFs in six of the most actively traded currencies, Brazilian Real, Chilean Peso, Chinese Yuan, Indian Rupee, Korean Won, Russian Ruble, and will extend these to include Colombian Peso, Indonesian Rupiah, Malaysian Ringgit, Philippine Peso & Taiwan Dollar in the coming weeks.
TMX Moves to Acquire Cboe’s Canada and Australia Exchanges in $300 Million Deal
FM Daily Brief - 24 April 2026
FM Daily Brief - 24 April 2026
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Friday, the twenty-fourth of April 2026. You're listening to the Finance Magnates Daily Brief. Today's lead: Finance Magnates can exclusively report on ACCM's all-time Q1 volume record. Also ahead: the FCA's first coordinated crypto raids in the UK, and a major US day trading rule change. Listen to the full episode...
It's Wednesday, the twenty-third of April 2026. You're listening to the Finance Magnates Daily Brief. Broker results first today: NAGA posts its first profitable quarter, and Hantec's Q1 volume hits one-point-two trillion. Also ahead: prop firm payout data and a three-hundred-million-dollar exchange deal.
Sponsored by FM Academy
It's Wednesday, the twenty-third of April 2026. You're listening to the Finance Magnates Daily Brief. Broker results first today: NAGA posts its first profitable quarter, and Hantec's Q1 volume hits one-point-two trillion. Also ahead: prop firm payout data and a three-hundred-million-dollar exchange deal.
Sponsored by FM Academy
FM Daily Brief: 21 April 2026
FM Daily Brief: 21 April 2026
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
It's Tuesday, the twenty-first of April, twenty twenty-six. You're listening to the Finance Magnates Daily Brief. Today's lead: the Bank for International Settlements has put dollar stablecoins on the regulatory hot seat. Also ahead: first quarter earnings from Capital.com and Plus500, Revolut pushes its IPO to twenty twenty-eight, and a look at where Singapore hedge funds are really moving.
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
In this video, we review @FundedNext a proprietary trading firm offering evaluation challenges for CFD and futures traders using simulated accounts.
We cover how the model works, including challenge types, profit targets, loss limits, and performance-based rewards. You’ll also learn about payout structures, supported platforms, and key features such as the firm’s 24-hour payout policy and flexible challenge formats.
Watch the full video to see if FundedNext fits your trading approach.
#FundedNext #PropFirm #PropTrading #FinanceMagnates #Trading #CFDTrading #FuturesTrading #TradingReview
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro Winner Spotlight 🏆 | Global Best Overall Broker 2025
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
TradingPro takes the spotlight as Global Best Overall Broker 2025 at the Finance Magnates Awards.
Yusna Yusman, Head of Global Marketing, describes the night as inspiring, elegant, and full of energy.
She also shares a message of appreciation to the clients and community whose support made this achievement possible.
👉 Be part of FM Awards 2026.
#FinanceMagnatesAwards #TradingPro #Trading #Fintech #Broker #WinnerSpotlight #Shorts
