What Argentina Clearing does

Argentina Clearing y Registro S.A., trading as Argentina Clearing, is a Rosario-based central counterparty clearing house (Cámara Compensadora) regulated by Argentina's Comisión Nacional de Valores under Matrícula CNV Nro. 1018 and classified as a Qualifying Central Counterparty (QCCP) under the Basel framework. Founded in 1999 and operating with 31 employees, the company provides centralized clearing and settlement, counterparty risk management, margin calculation, guarantee fund administration, and OTC derivatives registration for futures, options, and investment funds traded on Argentine markets. Its primary customers are authorized brokerage firms and trading firms (ALyC agents) participating on connected exchanges, with a secondary segment serving foreign investors via Special Settlement Accounts (Cuenta Especial de Liquidación).

The technology stack is built around four proprietary platforms: Anywhere Portfolio (a participant-facing extranet for portfolio, guarantee, and settlement information), API HUB and API BO (programmatic interfaces for back-office integration), and Sistema WINK (trading system integration operated with Matba Rofex). These platforms sit on top of risk, collateral, and compliance infrastructure aligned with CPMI-IOSCO Principles for Financial Market Infrastructures. The company has progressively expanded its cleared product universe — adding Yuan Renminbi futures, Bitcoin futures, CER inflation-linked futures, TAMAR private-bank rate futures, GD30 government bond futures/options, and, most recently, individual equity derivatives (TXAR) — reflecting an active product-launch cadence across asset classes.

Commercially, Argentina Clearing operates a transaction-based revenue model, charging registration rights (Derecho de Registro) and clearing tariffs per operation, supplemented by guarantee fund contributions from participants. Pricing is not publicly disclosed and is communicated via regulatory notices. The company sits within a broader corporate group (the A3 ecosystem) that includes A3 Mercados (broker), A3 Academia (education), Primary, and UFEX (Uruguayan Futures Exchange), creating cross-entity participant relationships that reinforce distribution and ecosystem stickiness. Distribution is direct and institutional: services are delivered only to authorized members through proprietary platforms and API integrations, with no public marketing motion beyond regulatory communications and the corporate website.

Name

Argentina Clearing

Legal name

Argentina Clearing y Registro S.A.

Website

https://argentinaclearing.com.ar

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Argentina Clearing operates as Argentina's primary central counterparty clearing house, providing clearing, settlement, and risk management for futures, options, OTC derivatives, and investment funds to authorized brokerage firms, trading participants, and foreign investors under CNV regulation.

Ownership category

akta.pro rank

Product category

Financial Market Infrastructure (Clearing and Settlement Services)

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Clearing & Settlement for SFTs (CCP/Agent Clearing) (FSACAIAG)

akta.pro secondary industries

Clearing & Settlement Operations (Post-Trade) (FSACALAC), Securities Clearing & Custody Services (DVP/RVP, Safekeeping) (FSABAJAD), Securities Safekeeping & Asset Servicing (Core Custody Ops) (FSACAHAF), Derivatives Clearing, Settlement & Collateral Management (Crypto) (FSADAGAI)

Keywords

• Central counterparty clearing
• Derivatives clearing services
• Financial market infrastructure
• Settlement and clearing
• Risk management services

Headquarters

HQ city

Rosario

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Others

Revenue model

1. Clearing and Settlement Fees: Transaction-based fees charged for clearing and settlement of trades executed on regulated markets including futures, options, and OTC derivatives. Revenue is generated through rights of registration and clearing fees per transaction.
2. Guarantee Fund Contributions: Participants contribute to guarantee funds managed by Argentina Clearing, which serve as risk mitigation resources for market stability.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Argentina Clearing y Registro S.A. operates as a central counterparty clearing house (Cámara Compensadora) for Argentine financial markets, providing clearing and settlement services for futures, options, OTC derivatives, and investment funds traded on regulated markets such as Matba Rofex. The company manages guarantee funds, calculates and collects margins, monitors open position limits, and provides risk management and collateral services to authorized participants (ALyC agents), operating under CNV regulation and Basel QCCP standards.

Product overview

Argentina Clearing operates as a unified clearing and settlement platform providing comprehensive services for the Argentine derivatives and financial markets. The core product portfolio includes: Anywhere Portfolio as the primary client-facing extranet for account access; API HUB and API BO for programmatic connectivity; Sistema WINK for trading execution; Mercado FCI for investment fund operations; and OTC registration services. These products are interconnected within a single clearing infrastructure that handles clearing and settlement, guarantee management, and risk oversight for futures and options on agricultural commodities, financial instruments, currencies, and cryptocurrencies. The platform operates under CNV regulation as a licensed clearing house (Cámara Compensadora) and custodian agent.

Differentiator

Problem solved

Functional benefit

Brands

• MiPortafolio: Online portal for participants to access account information and portfolio management
• Anywhere Portfolio
• Sistema WINK
• API HUB

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• Matba RofexcoreTechnology or IntegrationMatba Rofex is the primary futures and options exchange whose trades are cleared by Argentina Clearing. The clearing house provides central counterparty services for all trades executed on the Matba Rofex platform.
• CNV (Comisión Nacional de Valores)coreStrategic or Co-development PartnerArgentina Clearing operates as a regulated entity under CNV oversight, registered as Cámara Compensadora (CNV Matrícula Nro. 1018) and Agent of Custody, Registration and Payment.
• A3 MercadosmajorChannel Partner/ Reseller/ DistributorA3 Mercados is a related entity within the A3 group providing brokerage services. Argentina Clearing processes agent registrations and updates for A3 Mercados agents through its communications system.
• MAE (Mercado a Término de Rosario)coreTechnology or IntegrationMAE is the Rosario futures market whose operations are cleared by Argentina Clearing. Interconnection agreements enable cross-market clearing services.
• A3 AcademiaminorOthersA3 Academia provides educational services related to financial markets and is part of the same corporate ecosystem as Argentina Clearing.
• PrimaryminorOthersPrimary is a related financial services entity within the A3 group ecosystem, referenced alongside other group companies.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Eurex Clearing: Eurex Clearing is one of Europe's largest central counterparties, clearing derivatives and securities for Eurex exchanges. Comparable as a multi-asset CCP with PFMI/QCCP compliance serving European institutional markets.
• CME Group: CME Group operates one of the world's largest CCPs (CME Clearing) for futures, options, and OTC derivatives. Comparable as a globally significant derivatives clearing utility with PFMI compliance and QCCP status.
• DTCC: DTCC operates the major US clearing and settlement utilities (NSCC, FICC, DTCC Solutions). Comparable as a multi-utility post-trade infrastructure provider with central clearing, custody, and asset servicing at scale.
• LCH (LSEG): LCH is a leading global clearing house (part of LSEG) providing CCP services across equities, fixed income, FX, and derivatives. Operates multiple swap and securities clearing services with QCCP status — comparable in scope and regulatory standing.

Regional players

• Bursa Malaysia Derivatives Clearing: Bursa Malaysia Derivatives operates clearing for Malaysian derivatives markets including palm oil, crude palm oil, and FKLI. Comparable as a single-country emerging market CCP with agricultural and financial derivatives — particularly relevant to Argentina Clearing's commodity derivatives focus.
• ASX Clear: ASX Clear is the central counterparty for Australian securities and derivatives markets. Comparable as a single-country national CCP with PFMI compliance and a similar institutional participant base.
• JSCC (Japan Securities Clearing Corporation): JSCC is the central counterparty for Japanese equity, bond, and derivatives markets. Comparable as a single-country national CCP with similar regulatory standing and product diversity to Argentina Clearing.

Direct peers

• B3 (Brasil, Bolsa, Balcão): B3 is Brazil's primary exchange and clearing house operator, providing clearing and settlement for derivatives, securities, and FX across Brazilian markets. It is the most direct Latin American analog to Argentina Clearing in terms of integrated CCP services for a national market.
• Cavali (Peru): Cavali is Peru's central securities depository and clearing house, providing registration, clearing, and settlement services for the Lima Stock Exchange. Comparable as a regulated national CCP/registry serving a single Andean market.
• CCV (Chile - Cámara de Compensación): CCV provides clearing and settlement for Chilean securities and derivatives markets under Santiago Exchange oversight. Direct functional equivalent for derivatives and securities clearing in a neighboring Latin American market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/argentina-clearing

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Argentina Clearing