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Commodities Settlement
Commodities Settlement
Remove risk with the first safe settlement hub for commodities
Settle with Confidence
Mitigate Counterparty Risk
By connecting the Loco London clearing and the cash-based correspondent banking network, Paxos creates a single platform where safe and simultaneous settlement occurs for metals – including gold, silver, platinum and palladium – and cash. This means we mitigate counterparty risk for all parties, both within and outside the Paxos network, through a unified interface.
Unlock Operational Efficiency with Multilateral Payment Netting
Scale your business – and reduce required transfer instructions and manual entry by 90%* – with the first precious metals settlement solution offering netting of both cash and precious metals. Get increased operational efficiency, full transparency and control, and unlock working capital.
* Savings shown are indicative based on having 30 counterparties and settling an average of 3 metals and USD per day with each counterparty
Bridge Traditional and Tokenized Assets
Our technology extends to tokenized assets (including PAXG, the industry’s only regulated tokenized gold product) so you can future-proof your settlement.
“Bridging the longstanding gap between cash and asset settlement networks, as well as collecting settlement obligations in a controlled way that mitigates risk, are fundamental elements to creating safe settlement for the commodities market. Aside from the risk mitigation, joining this settlement network enables us to drive significant benefits to our processes, increasing our overall settlement efficiency.”
Joe QuinlanGlobal Head of FX & Commodities Middle Office, TD Securities 
“We believe that technology has the potential to meaningfully create efficiencies and mitigate risks of settlement in commodities markets. Outdated back-office infrastructure is an impediment to long-term value creation. We’re pleased to leverage Paxos’ custody and settlement services and collaborate with Paxos as they refine this settlement network alongside leading industry participants.”
Daniel EldManaging Director at Koch Metals Trading Limited 
StoneX and Paxos, together, have driven significant technology and product innovation in the precious metals markets. We’ve joined this settlement network because we believe the time has come to help advance the critical systems that power our markets. We’re pleased to settle trades using their technology and believe it will reap meaningful benefits to our processes, mitigating various risks whilst increasing efficiency.”
Barry CanhamGlobal Head of Metals at StoneX 
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“Bridging the longstanding gap between cash and asset settlement networks, as well as collecting settlement obligations in a controlled way that mitigates risk, are fundamental elements to creating safe settlement for the commodities market. Aside from the risk mitigation, joining this settlement network enables us to drive significant benefits to our processes, increasing our overall settlement efficiency.”
Joe QuinlanGlobal Head of FX & Commodities Middle Office, TD Securities
“We believe that technology has the potential to meaningfully create efficiencies and mitigate risks of settlement in commodities markets. Outdated back-office infrastructure is an impediment to long-term value creation. We’re pleased to leverage Paxos’ custody and settlement services and collaborate with Paxos as they refine this settlement network alongside leading industry participants.”
Daniel EldManaging Director at Koch Metals Trading Limited
StoneX and Paxos, together, have driven significant technology and product innovation in the precious metals markets. We’ve joined this settlement network because we believe the time has come to help advance the critical systems that power our markets. We’re pleased to settle trades using their technology and believe it will reap meaningful benefits to our processes, mitigating various risks whilst increasing efficiency.”
Barry CanhamGlobal Head of Metals at StoneX
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Safer Settlement is Possible with Paxos
Learn more about our settlement hub for precious metals
Paxos is Redefining Commodities Settlement
Contact Us
Ready to reduce settlement risk and increase operational efficiency? Please complete the form and we’ll be in touch right away.