Clearing Technology for Modern Market Infrastructure

Clearing technology manages the obligations created after trades are executed. It determines positions, calculates margin, manages collateral, applies netting, generates settlement obligations and supports default procedures.

For futures, derivatives, digital assets, commodities and deliverable markets, clearing is essential. It ensures that trades are not only executed, but also risk-managed and prepared for settlement.

A trade does not end when the matching engine creates an execution. After execution, the trade must be captured, validated, recorded, margined, cleared and eventually settled.

ADEX Technology connects trading and clearing so that the market operator can maintain a reliable system of record across the full trade lifecycle.

Clearing data should also be accessible to authorised systems through reporting APIs, allowing clearing members, operators and integrated platforms to retrieve positions, obligations, margin requirements, settlement status and related records.

Clear Chain™ is ADEX Technology’s clearing architecture designed to connect execution, risk, collateral and settlement logic into an integrated clearing layer.

Clear Chain™ reflects the move towards real-time or near real-time clearing. Instead of treating clearing as a delayed back-office process, it brings clearing closer to the point of execution and links it to account status, margin, collateral and settlement readiness.

Traditional clearing models often rely on batch processing. In faster, more volatile and continuously traded markets, this can create a delay between execution and risk recognition.

Real-time clearing reduces this gap by updating trades, positions, margin and obligations continuously or near continuously. This is particularly relevant for digital asset markets, futures markets and twenty-four-hour trading environments.

Clearing technology must support margin and collateral workflows. This may include:

ADEX Technology is designed to connect clearing with collateral control, reducing the operational gap between post-trade calculation and asset availability.

Clearing infrastructure must be able to respond to participant failure. Default management may include use of margin, position reduction, liquidation, transfer, auction, default fund application or other rulebook procedures.

ADEX Technology supports the infrastructure required to evidence and manage default workflows in a controlled, auditable environment.

A clearing reporting API allows authorised users, clearing members and connected systems to retrieve clearing records in structured form.

Depending on configuration, the clearing reporting API may support:

This is important for institutional exchange infrastructure because clearing data must be usable by both human operators and connected systems.

To discuss clearing technology, clearing house software or real-time clearing infrastructure, request information, book a demonstration or speak with ADEX Technology.