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Complementing Asia’s oil, bunkering, commodity trading and shipping activities, SGX AsiaClear offers the clearing of over-the-counter (OTC) oil and freight derivatives.
Developed in cooperation with the industry, the SGX AsiaClear Facility aims to enhance business and contribute to OTC oil, commodity and freight derivatives trading and risk management in Asia. Our post-trade clearing-only platform enables OTC brokers to conveniently register customers’ OTC trades for SGX clearing and netting. Market participants who trade directly with each other may also register their trades via their SGX OTC Clearing Members.
No membership is required for users to clear their OTC trades. Just one clearing agreement with an SGX OTC Clearing Member is all it takes to trade, clear and net your OTC positions with all other counterparties on this SGX AsiaClear network.
This SGX AsiaClear Facility and Clearing Service is supported by 19 SGX OTC Clearing Members and 33 Inter-Dealer Brokers in the OTC Market.
Key benefits include:
- Just one clearing agreement to access a network of clearing participants
- Increased Asian-based counterparties and prices with reduced credit risks
- Real-time OTC clearing and certainty in Asian time
- Automatic multilateral netting of positions under the same account
- Convenience of registering OTC transactions for clearing using your OTC Broker
- Service immediacy for trading and operational matters within the Asian-time zone
Just one clearing agreement therefore gives you a valuable option with multi-benefits.
Contact Us At SGX AsiaClear:
Interested OTC market participants are encouraged to contact us for more information, including any assistance in contacting and linking up with SGX OTC Clearing Members and participating OTC Brokers:
Kenneth Ng Tel: (65) 6236-8388 Email: kennethng@sgx.com
Brenna Koh Tel: (65) 6236-8827 Email: brenna.koh@sgx.com
SGX AsiaClear
Singapore Exchange Ltd
2 Shenton Way, #19-00, SGX Centre 1, Singapore 068804
Email: asiaclear@sgx.com, Tel: (65) 6236-8888
Terms of Use
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