FXCH is a new approach to Spot-FX clearing. Our settlement technology is remarkable in its simplicity. Our goal is simple: cut out superfluous steps in the trade clearing process, thereby leaving out unnecessary associated costs. Users collateral is held in trust at our custodian bank. Limits are communicated to e-FX platforms in real time. Members and Users can access the distributed ledger and control their cash.
There are three types of options for participation in FXCH, depending on the size, volume and price sensitivity of your institution. Direct members need to contribute to the Guarantee Fund with either a deposit or higher fees. Additionally, individual Clients may open an account with a Member and internally negotiate their account parameters.