Our award-winning Bclear service combines much of the flexibility of the over the counter (OTC) market with valuable benefits of an exchange and clearing house environment.
Since it was launched, Bclear has been used extensively by leading investment banks and buy-side firms to process OTC derivatives business, helping them to reduce operational risk and manage counterparty risk.
Bclear now offers futures and/or options on over a thousand underlying companies from more than 20 countries, as well as a broad range of index derivatives.
On 22 December 2008 Credit Default Swaps (CDS) were launched on Bclear.
These contracts are true credit default swaps with trades pre-negotiated in the OTC market - without displaying buy and sell orders - just as they are today. Once agreed the trades are booked anonymously via Bclear, where they are processed and cleared through the exchange and clearing house.
Use the links on the left to find out how Bclear can help your business.