Commodities

Commodities Settlement

A settlement solution for Commodities that reduces risk, simplifies counterparty payments, and increases trading power. 

Value of transactions confirmed

>$ 1 T

Number of transactions confirmed

> 1000000

Number of names in network

> 0

Settle With Confidence

Cutting-edge automation technology with enterprise-grade security
so you can manage your post-trade workflow with confidence.
  

Paxos is a Trust Company, regulated by the New York State Department of Financial Services (NYDFS). 

All client funds are held in segregated accounts.

Reduce Settlement Risk

  • Automate and manage precious metal settlements through a single interface
  • Reduce counterparty settlement risk through Simultaneous Settlement
  • Reduce information leakage and fraud risk by reducing email and paper workflow

Reduce Costs & Manual Processing

  • Confirm trades and agree net settlement affirmation automatically — without manual entry, time-consuming emails or phone calls to every counterparty
  • Centralise SSI management for Commodities through one platform
  • Free up team capacity to focus on more strategic tasks
  • Reduce capital costs through trade compression, limiting counterparty exposure and margin requirements

Increase Efficiency & Visibility

  • See where your funds are with real-time visibility into settlements and balances
  • Simplify counterparty payments through Multilateral Payment Netting
  • Leverage enterprise-grade information security to access automatically generated audit data and reports quickly and securely

Works for Any Counterparty--No Integration Required

  • No installation or integration required
  • Streamline confirmation and settlement netting for all counterparties within a single platform — whether or not they work with Paxos
  • Submit trade details in your preferred format, including SWIFT, CSV, SFTP, API, bulk upload or by click-to-confirm

Paxos Settlement Solutions

Our suite of settlement services aims to reduce risk and save cost, so you can settle with confidence. 

Trade Confirmations

Paxos automatically generates confirmations in your counterparties’ preferred format and matches their responses, flagging any discrepancies

Trade Compression

Paxos identifies compression opportunities across counterparties and suggests trades to offset positions

Settlement Affirmation

Net settlements per counterparty and value date are automatically calculated and affirmed with counterparties

Multilateral Payment Netting

Make a single pay/receive per asset or ccy 

Platform manages subsequent settlements from net amounts

Simultaneous Settlement

Simultaneously exchange pay and receive legs as soon as both parties’ funds are available

Paxos can ingest data from a variety of sources throughout the settlement workflow, including automated import via email, JSON, CSV, XLS, XML, PDF, SFTP, API, and SWIFT.

Contact Us

 

Ready to reduce settlement risk and increase operational efficiency? Please complete the form and we’ll be in touch right away. 

Frequently Asked Questions

We believe we are the most cost effective post-trade automation platform in the market. Set-up costs are typically zero, allowing you to get started with no upfront cost or risk. Pricing is based on volume, with enterprise packages available. Request a quote by emailing [email protected] 

We’re constantly expanding our capabilities based on the needs of our clients. Today Paxos Post-Trade can automatically confirm and settle trades for over 125 product codes, including precious metals, base metals, energy, freight, agricultures and FX. Our platform is built to scale — new assets can be added as quickly as within one business day. Request a new product by emailing [email protected]

Paxos Post-Trade provides full end-to-end automation of the post trade lifecycle, from trade confirmations to settlement affirmations and transfer instructions. This includes end-to-end transfer instruction management for depositories.

Using Paxos and a single feed of trade level data, you can automatically create trade confirmations, calculate and agree net settlement amounts and generate transfer instructions.

Schedule a demo! A Paxos Post-Trade representative would be happy to walk you through the platform’s features and benefits in a live demo. Email us at [email protected] to schedule.

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