--- title: Nasdaq Clearing Launches Direct Client Model description: The model aims to minimize client driven capital costs. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/clearing-May-12-2022-09-32-45-95-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/nasdaq-clearing-launches-direct-clearing-client#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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Nasdaq Clearing always strives to provide best in class protection and cost efficiency for both buy and sell side clients, and the direct clearing client model is a step in line with this ambition.” More than 100 clients in the Commodities and Financials sectors stand ready to be transitioned into the new model. Nasdaq Clearing is one of few clearing houses who provides clearing for multiple markets and asset classes, and the new direct clearing client model is designed to work across the board. The enhanced clearing model transforms the legal relationship from client-clearing member into client- central counterparty clearing house, which means the client is responsible for Initial Margin and Variation Margin. In the enhanced model, the clearing agent remains an important entity responsible for the entire transaction chain, including position management, collateral management and settlement. The previous Nasdaq Direct Pledge model will be phased out during a three month period. Source: Nasdaq Nordic **About Nasdaq Clearing: ** Nasdaq Clearing AB offers central counterparty clearing services for Nasdaq Commodities, Nasdaq Derivatives Markets, and Fish Pool. The offering includes clearing of both exchange traded and OTC contracts as well as a repo clearing service. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/nasdaq-clearing-launches-direct-clearing-client) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/nasdaq-clearing-launches-direct-clearing-client) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/nasdaq-clearing-launches-direct-clearing-client) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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