Clearing
As the marketplace evolves, so do the clearing capabilities at our end. Although we began as a clearinghouse for listed equity options, it has grown into a globally recognized entity that clears a multitude of diverse and sophisticated products. Our FI Partner operates under the jurisdiction of both the SEC and the CFTC. As a registered clearing agency under SEC jurisdiction, We clears transactions for exchange-listed options, security futures and OTC options. As a registered derivatives clearing organization under CFTC jurisdiction, We offers clearing and settlement services through our FI Partner for transactions in futures and options on futures. We also provides central counterparty clearing and settlement services for securities lending transactions. In addition, It has been designated as a “systemically important” financial market utility.
We protects the integrity of its financial markets by delivering world-class risk management, clearing and settlement services for options, futures, OTC and securities lending transactions. In its role as guarantor and central counterparty, We ensures that the obligations of the contracts it clears are fulfilled. Through a novation process, We becomes the buyer for every seller and the seller for every buyer, protecting its members from counterparty risk.
We is dedicated to promoting stability and financial integrity in the marketplaces it serves by focusing on sound risk management principles, including rigorous initial and ongoing membership standards, prudent margin requirements and a substantial clearing fund.
Our mission is to provide market participants with innovative risk management solutions. We prides itself by offering industry leading efficiencies in the clearing and settlement of financial transactions. Its systems facilitate fulfilment of margin and settlement obligations and improve the effectiveness of back-office operations. By striving to achieve the highest possible standards of service, We promotes stability and integrity in every market it serves.
We clears the following products. Click each product to read its specifications:
> Equity Options
> ETF Options
> FLEX Options
> Futures Products
> Index Options
> Long-Term Equity Anticipation Securities
> OTC Products
> Quarterly Options
> Cash-Settled Currency Options
> Weekly Options
