Central counterparty clearing for institutional settlement infrastructure. We net positions, manage default waterfalls, and guarantee settlement across seven jurisdictions. Your counterparty's failure is our problem. Not yours.
Every instrument. Every counterparty. Every jurisdiction. One settlement guarantee.
Interest rate swaps, FX forwards, credit derivatives, structured products. Every trade is netted, margined, and guaranteed. Bilateral risk becomes centralized certainty.
Multi-layer default waterfall. Initial margin, variation margin, default fund, loss mutualization. We've modeled every failure scenario. Your counterparty's insolvency was priced in before they joined.
Seven regulatory frameworks. One settlement layer. MiFID II, Dodd-Frank, Basel III, EMIR, MAS, JFSA, HKMA. Compliance isn't a feature. It's the architecture.
Traditional clearing sits on top of infrastructure. We sit inside it.
Our validator enforces clearing rules at the consensus layer — not as an application, but as a condition of settlement. Trades that don't meet margin requirements don't settle. Not because we reject them after the fact. Because the network won't process them.
The distinction matters. Application-level enforcement can be bypassed. Protocol-level enforcement cannot. We chose the version that can't.
Every participant connected. Every position netted. Every settlement guaranteed.
Network effects compound. Each new participant increases netting efficiency, reduces collateral requirements, and deepens liquidity for everyone. The clearing graph only grows.
Dedicated validator node. 99.99% uptime SLA. Protocol-level clearing enforcement.
Hardware security modules. FIPS 140-3 Level 3. Keys never leave the boundary.
Active-active deployment. US East, EU West, APAC. <50ms failover. Zero settlement interruption.
Margin calculations every block. Portfolio-level VaR, stress testing, what-if analysis. Continuous.
Automated reporting to 7 jurisdictions. Transaction-level audit trail. Regulator portal access.
REST + WebSocket. Position queries, margin status, settlement confirmation. Sub-second latency.
Meridian Clearing is available to regulated financial institutions, licensed trading venues, and qualified market participants.
Onboarding requires KYB verification, regulatory status confirmation, and technical integration review. Typical onboarding: 4–6 weeks.