SwapClear has two types of clearing members: SwapClear Clearing Members (SCMs) and FCM Clearing Members (FCMs).

SCMs are direct Clearing Members that can clear proprietary business and also non-U.S. domiciled client business[1].

FCMs (Futures Commission Merchants) are direct Clearing Members that can clear proprietary business, U.S. domiciled client business, and also non-U.S. domiciled client business. The FCM membership type was added to meet the requirements of the Commodity Exchange Act, and as subsequently amended by the Dodd Frank Act which requires clients domiciled in the United States to clear through entities registered with the CFTC as FCMs

Our services also give you access to a multitude of executing brokers across the globe. Click here to view our expansive global footprint.

Abbey National Treasury Services Plc
ABN AMRO Clearing Bank NV
Australia & New Zealand Banking Group Ltd
Banca IMI SpA
Banco Bilbao Vizcaya Argentaria, SA
Banco Santander SA
Bank of America NA
Bank of Montreal
Bankia SA
Barclays Bank plc
Barclays Capital Inc.
Bayerische Landesbank
Belfius Bank
BNP Paribas
BNP Paribas Fortis
BNP Paribas Securities Corp.
CACEIS Bank France
CaixaBank SA
Canadian Imperial Bank of Commerce
Citadel Securities (Europe) Ltd
Citadel Securities Swap Dealer LLC
Citibank NA
Citigroup Global Markets Inc.
Citigroup Global Markets Limited
Commerzbank AG
Commonwealth Bank of Australia
Credit Agricole Corporate and Investment Bank
Credit Foncier de France
Credit Suisse AG
Credit Suisse International
Credit Suisse Securities (USA) LLC
Danske Bank
DekaBank Deutsche Girozentrale
Deutsche Bank AG
Deutsche Bank Securities Inc.
Deutsche Postbank AG
Dexia Credit Local
DZ Bank AG Deutsche Zentral-Genossenschaftsbank
FirstRand Securities Ltd
Goldman Sachs & Co.
Goldman Sachs Bank USA
Goldman Sachs Financial Markets PTY Ltd
Goldman Sachs International
HSBC France
HSBC Securities (USA) Inc
ING Bank Slaski
J.P. Morgan Chase Bank NA
J.P. Morgan Securities LLC
J.P. Morgan Securities plc
Landesbank Baden-Württemberg
Landesbank Hessen-Thueringen Girozentrale
Lloyds TSB Bank plc
Merrill Lynch Capital Services Inc
Merrill Lynch International
Merrill Lynch, Pierce, Fenner & Smith Inc.
Mitsubishi UFJ Securities International plc
Mizuho Capital Markets (UK) Limited
Mizuho Capital Markets Corporation
Mizuho International Plc
Morgan Stanley & Co International plc
Morgan Stanley & Co. LLC
Morgan Stanley Capital Services LLC
National Australia Bank Limited
National Bank of Canada
Nomura Financial Products & Services Inc
Nomura Global Financial Products Inc.
Nomura International plc
Norddeutsche Landesbank Girozentrale
Nordea Bank AB
Nordea Bank Denmark A/S
Nordea Bank Finland Plc
Nordea Bank Norges ASA
Rabobank International (Coöperatieve Centrale Raiffeisen-Boerenleenbank BA)
RBC Capital Markets LLC
Royal Bank of Canada
SG Americas Securities LLC
Societe Generale
Societe Generale Newedge UK Limited
Skandinaviska Enskilda Banken AB (publ)
SMBC Capital Markets Inc
Standard Chartered Bank
Swedbank AB
The Bank of Nova Scotia
The Bank of New York Mellon
The Hong Kong Shanghai Banking Corporation Limited
The Royal Bank of Scotland plc
The Toronto-Dominion Bank
UBS Limited
UBS Securities LLC
UniCredit Bank AG
UniCredit Bank Austria AG
Unicredit SpA
Wells Fargo Bank NA
Wells Fargo Securities
Westpac Banking Corporation
Zurcher Kantonalbank

1. Only for the SwapClear Global Service