Definition

Derivatives Clearing System

  • Updated on
DCS or Derivatives Clearing System is a client-server design operated by ASX Clear Pty Limited to settle and clear equity-associated derivative products. DCS captures reported derivatives trades from the ASX trading system and broadcasts them to the appropriate participants in near real-time. Moreover, it offers several reports to participants automatically, including collateral reports, exercise reports, financial reports, position reports and reconciliation reports.