The clearing and settlement division performs the role of the settlement authority as required by the JSE rules and directives. JSE Clear is the appointed clearing house of the JSE for derivatives.

The main objective of JSE Clear is to act as clearing house and central counterparty (“CCP”) and to clear and risk manage transactions in securities listed on the JSE’s derivatives, interest rate and currency markets. Currently the listed securities cleared by JSE Clear are options on futures contracts and futures contracts in the equity derivatives, commodity derivatives, currency derivatives and interest rate derivatives markets of the JSE.

Relevant pages

World Fe​derations of Exchange - IOMA: WFE's Clearing & Derivatives conference

Watch the YouTube clip below to see director of post-trade services, Alicia Greenwood, and other stock exchanges speak on the resilience of central counterparty clearing house (CCPs), how they manage risk across different regions, and their link back to real economy issues.