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Securities Settlement Service
The New Market Infrastructure to Power Digital Transformation and Structural Cost Reduction
Paxos Settlement Service is a modern settlement platform utilizing a unique hybrid settlement model, improved margin, real time multilateral netting and innovative scalable technology. Our solution to clearing and settlement increases efficiency, saves capital and shapes the market infrastructure of the future. PSS is built on a private permissioned blockchain platform and interoperable with existing settlement systems.
Modern Technology
Shape the market infrastructure of the future with a real time clearing platform built with a blockchain core. Leverage real time multilateral netting and settle when it suits you (from T+2 to T+0).
Unique Settlement Model
Enjoy the same netting efficiencies as a central counterparty model with the capital benefits of a bilateral model. The Paxos settlement model brings simultaneous delivery versus payment and is interoperable with the DTC as depository.
Improved Margin
Save capital with efficient margins delivered from our hybrid settlement model. Paxos offers a safe, efficient and transparent margin calculation based on net output through the Paxos multilateral netting engine.
“It’s natural for Instinet to be an active participant in the digital evolution of the settlement space. We’re excited to stress test same-day cycles on Paxos, because our long-term goal is to always offer our clients more choices, advanced technologies, and greater efficiencies in both their settlement processes as well as time horizons. This is another strong proof point for Paxos’s effective application of blockchain.
Luke MauroGlobal Head of Operations at Instinet Holdings 
How it Works
Paxos Settlement Service is an alternative settlement platform to existing market infrastructure
Trade Execution
No change to trading behavior
Clearance
Locked-in reporting and contract comparisons
Settlement
Delivery-vs-payment settlement finality
Funds
Proceeds are immediately available to re-deploy
Contact Us
Please complete the form and a member of our Securities team will contact you shortly.
If you are an existing customer and need support, please or visit the Paxos Support Center.