FX-CLEAR, a forex dealing system, which was launched by Clearcorp on August 7, 2003, offers two modes of dealing i.e. Order Matching mode and Negotiation mode. FX-CLEAR covers the inter-bank US Dollar-Indian Rupee (USD- INR) Spot, Swap and other transactions. The USD-INR deals constitute about 85% of the transactions of the total Forex transactions in India in terms of value. The facility for trading in the FBIL USD/INR Reference Rate has been introduced with effect from November 07, 2022 on the platform.

The platform offers guaranteed settlement from the point of trade for all the trades concluded on the Order Matching Mode of the platform, wherein these trades are automatically sent to Clearing Corporation. Accordingly, Clearing Corporation (CCIL) is the Counterparty for these Trades.

FX-SWAP, a forex swap dealing system, which was launched by Clearcorp on May 31, 2010, offers an order matching platform for forex swaps. This platform endeavours to provide a transparent and anonymous medium for trading in the highly broker driven swaps market by offering swap instruments extending up to 12 months along-with three upto spot instruments viz Cash/Tom, Cash/Spot, Tom/Spot, a LD/LD instrument (Month 1 end over Month 2 end) and two ORF instruments (Month 1 end and Month 2 end). FX-SWAP platform was launched with a unique feature of guarantee from the point of trades for the Forward Legs of the transactions concluded on the platform. 

The platform extends the benefits of guaranteed settlement from the point of trade to all the legs of the trades concluded on the platform, including Cash, Tom, Spot and Forwards, wherein these trades are automatically sent to Clearing Corporation. Accordingly, Clearing Corporation (CCIL) is the Counterparty for these Trades.