BM&F’s FX Clearinghouse registered on June, the 18th, its first T+0/T+0 operation. The value of the transaction was US$ 3 million. The average daily volume registered by the FX Clearinghouse was approximately US$ 3 billion.
The T+0/T+0 transactions are available in the Clearinghouse system since May, the 30th, and allow a greater flexibility to market participants. For example, T+0 transactions allow market participants to settle trades registered on T-1 and T-2 without making or receiving payments in reals and/or dollars. In order to do that, they only have to make a reverse transaction for settlement on T+0.
By T+0/T+0, we mean transactions started and settled within the framework of the same day.
