Asia Pacific Clear Pte. Ltd. (“APEX CLEAR”), a wholly owned subsidiary of Asia Pacific Exchange (“APEX”), operates as an approved Clearing House under the supervision of MAS, providing clearing services for the products listed on APEX. Our objectives are to ensure the safety and soundness of the Clearing House as well as the transparency and efficiency of the market. As a central counterparty, APEX CLEAR becomes the buyer to each seller and the seller to each buyer in every trade, thereby reducing the credit risk exposures normally faced between a seller and a buyer.
APEX CLEAR provides real-time clearing services for Clearing Members’ proprietary and customer trades. This includes daily mark-to-market settlement, post trade management, risk management, collateral management, position management and delivery management.