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Fireside chat: Advancing FX clearing for safer settlement

Settlement risk remains a central concern in global foreign exchange markets, particularly for currency pairs outside major systems such as Continuous Linked Settlement (CLS). 

Andrew Batchelor, head of LCH ForexClear at LSEG, explores how strategic developments in FX clearing are directly supporting the creation of a safer, more scalable settlement infrastructure.

Key discussion points:

00:53 – Momentum in FX clearing and drivers

02.55 – Drivers of non-deliverable forward and FX options growth 

03.46 – Barriers to wider adoption of FX clearing 

05.12 – The impact of CLS integration on settlement risk 

07:20 – The USD/CNH initiative with the Hong Kong Monetary Authority and the impact for offshore renminbi markets

08.54 – Future developments, including smart clearing and portfolio optimisation


Explore how LCH supports FX clearing strategy with ForexClear 

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