Netting & Balance Sheet Efficiency
Multilateral netting consolidates offsetting obligations across counterparties, reducing gross exposures, settlement obligations and balance sheet demands.
Capital Efficiency in a Changing Market
As regulatory, market and balance sheet pressures evolve, firms are seeking new ways to optimize capital, collateral and liquidity. Through central clearing, netting, cross-margining and financing capabilities, FICC helps market participants improve resource efficiency, reduce exposures and unlock balance sheet capacity.
Improve Capital Efficiency
The Building Blocks of Capital Efficiency
Central clearing can help firms streamline settlement obligations, reduce exposures, improve collateral utilization and unlock balance sheet capacity that may be deployed elsewhere across the business. FICC supports capital efficiency through the building blocks of clearing, netting, margin and collateral capabilities that can help firms use financial resources more effectively.
- Trillion
Balance Sheet Capacity Created
Clearing and netting efficiencies help market participants optimize balance sheet usage and unlock additional capacity.
- Billion +
Daily Cross-Margining Savings
The CME-FICC cross-margining framework delivers daily risk offsets and margin efficiencies across eligible activity.
Data as of Q2 2026
Delivering Value
Margin Efficiency Through Cross-Margining
Eligible offsetting positions are considered together, helping firms achieve capital efficiencies through lower margin requirements while maintaining strong risk controls.
Funding & Collateral Optimization
Efficient financing and collateral management capabilities help firms access liquidity, optimize collateral usage, and support broader funding and balance sheet objectives.
Capital Efficiency Challenges and Solutions
FICC solutions are designed to help firms reduce exposures, optimize margin and collateral, and create additional balance sheet capacity.
Business Challenge |
Potential Solution |
| Balance Sheet Constraints | Sponsored Service |
| Margin Requirements | CME-FICC Cross-Margining |
| Collateral Utilization | Sponsored GC Collateral in Lieu (CIL) |
| Net Exposure Management | Full Netting Membership |
| Financing Efficiency | Sponsored GC Service |
The statements and other information available on and through this page, including information in any links and documents available on this page, is for informational purposes only. Please refer to the GSD Rules for descriptions of the rules, procedures, and all rights, obligations, and other requirements of both FICC and its participants in connection with their use of GSD’s services. In the case of any discrepancy between the information available here and the GSD Rules, the GSD Rules govern.