FXall Introduces Settlement Center

The Settlement Center will allow users to: Match, confirm and net all deals – whether they have been dealt electronically or over the telephone; Receive real-time downloads of confirmed deals; Generate settlement instructions through the use of SSI data; Agree netted payments and settlement details with their counterparties; Notify counterparties, custodians and other third parties using industry standard SWIFT message formats including MT300 and MT304; Generate audit trails and manage entitlements for all stages of the confirmation process. FXall Settlement Center is a standalone element of the FXall system for both customers and liquidity providers, open to all market participants.


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