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Fxclr

@fxclr.com

FXCH is a new approach to Spot-FX clearing.

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About

Description

FXCLR is a revolutionary brand that offers a new approach to Spot-FX clearing. Our cutting-edge settlement technology sets us apart in the industry with its simplicity and efficiency. Our ultimate goal is to streamline the trade clearing process by eliminating unnecessary steps, ultimately reducing associated costs.


FXCLR is committed to providing a transparent and secure trading experience for all qualifying institutions. By leveraging the power of the Tendermint Blockchain, we partner with various Spot-FX venues to create our virtual Clearing Hub. This enables seamless trading on any participating e-FX platform and allows settlements to be made on-Ledger from a consolidated account.


Access to the FX Markets has often been restricted due to high costs and exclusive rights held by banks. However, FXCLR believes in inclusivity and welcomes all qualifying institutions to join us. At FXCLR, we prioritize the security of our users' collateral.


It is held in trust at our custodian bank, and limits are communicated to e-FX platforms in real-time. Our members and users have full control over their cash and can access the distributed ledger to monitor their balances. We pride ourselves on being cost-efficient, as settlements are electronically effected on-Ledger at maturity without the need for physical cash transfers.


This simplified process not only saves time but also reduces transaction costs. In summary, FXCLR is revolutionizing the Spot-FX clearing industry with its remarkable settlement technology and commitment to transparency. Join us to experience a more efficient and cost-effective trading environment

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Company Type

Privately Held

Company Size

11-50

Year Founded

2016

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