Guide to SFE Clearing

SFE Clearing Corporation (SFECC) provides a central counter-party (CCP) clearing service for all futures and options contracts traded at the Sydney Futures Exchange (SFE), between SFE Clearing Participants.

Central to CCP clearing is the process of 'novation', which involves SFECC interposing itself between a buyer and a seller (SFE Clearing Participants) and becoming the central counterparty or principal to all trades.

Please follow this link for information regarding SFE Risk Management & Clearing.