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Commodities Settlement
Settle With Confidence
Paxos Settlement Service for Commodities delivers fully automated management of your entire post-trade lifecycle; including multilateral payment netting and simultaneous settlement for the OTC commodities market, increasing efficiency and reducing counterparty risk.
Entire Post-trade Lifecycle Automation
Consolidate transfers to one instruction per asset/currency across all counterparties. Paxos Settlement Service allows you to unite cash and metals settlement, eliminate manual errors and reconciliation, and still maintain transparency and control within one user interface.
Efficient Multilateral Payment Netting
Scale your business with the first OTC precious metals settlement solution offering multilateral payment netting for both cash and precious metals. This allows you to increase operational efficiency, reduce the amount of funds leaving your accounts and unlock working capital.
Safe, Simultaneous Settlement
Limit risk with pre-settlement assets protected in trust and simultaneous settlement occuring when both parties have funded their settlement obligation. This allows you to reduce counterparty settlement risk, manage time zone challenges and settle with confidence.
“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 Outdated back-office infrastructure is an impediment to long-term value creation.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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Paxos Helps Organizations Achieve Compliance
Guidance / Regulation
LBMA Global Precious Metals Code on Post-trade Principle 6.1
Solution
Confirmation and Settlement Affirmations
Guidance / Regulation
The European Market Infrastructure Regulation – Dispute Resolution
Solution
Confirmation and Settlement Affirmations
Guidance / Regulation
LBMA Global Precious Metals Code on Settlement Principle 6.5
Solution
Simultaneous Settlement
Paxos Settlement Solutions
Our suite of settlement services aims to reduce risk and save cost, so you can settle with confidence.
Trade Confirmations
Paxos automatically generates confirmations in your counterparties’ preferred format and matches their responses, flagging any discrepancies
Settlement Affirmation
Net settlements per counterparty and value date are automatically calculated and affirmed with counterparties
Multilateral Payment Netting
Make a single pay/receive per asset or ccy
Platform manages subsequent settlements from net amounts
Simultaneous Settlement
Simultaneously exchange pay and receive legs as soon as both parties’ funds are available
Paxos can ingest data from a variety of sources throughout the settlement workflow, including automated import via email, JSON, CSV, XLS, XML, PDF, SFTP, API, and SWIFT.
Contact Us
Ready to reduce settlement risk and increase operational efficiency? Please complete the form and we’ll be in touch right away.
Frequently Asked Questions
We believe we are the most cost effective post-trade automation platform in the market. Set-up costs are typically zero, allowing you to get started with no upfront cost or risk. Pricing is based on volume, with enterprise packages available. Request a quote by emailing [email protected].
We’re constantly expanding our capabilities based on the needs of our clients. Today Paxos Post-Trade can automatically confirm and settle trades for over 125 product codes, including precious metals, base metals, energy, freight, agricultures and FX. Our platform is built to scale — new assets can be added as quickly as within one business day. Request a new product by emailing [email protected].
Paxos Post-Trade provides full end-to-end automation of the post trade lifecycle, from trade confirmations to settlement affirmations and transfer instructions. This includes end-to-end transfer instruction management for depositories.
Using Paxos and a single feed of trade level data, you can automatically create trade confirmations, calculate and agree net settlement amounts and generate transfer instructions.
Schedule a demo! A Paxos Post-Trade representative would be happy to walk you through the platform’s features and benefits in a live demo. Email us at [email protected] to schedule.