Kuwait's Central Counterparty and Securities Settlement System

Services

Comprehensive post-trade services ensuring market stability, risk control, and confidence

Central Counterparty (CCP)

As a CCP, KCH provides clearing services that mitigate counterparty risk and ensure the orderly fulfillment of obligations.

  • Clearing and Novation
  • Netting of obligations
  • Risk management
Market chart

Market chart

Securities Settlement System (SSS)

As an SSS KCH provides the core post-trade services that ensure the secure, efficient, and final settlement of securities transactions.

  • Securities settlement through Delivery versus payment.
  • Management of settlement cycles and cut-off times
  • Handling of settlement fails

Risk Management

Advanced risk management framework designed to protect market participants. We utilize a robust Risk Waterfall structure and rigorous stress testing to maintain financial integrity.

  • Initial & Variation Margin calculation
  • Stress testing scenarios
  • Collateral management
Market chart

Market chart

Default Management

A structured approach to detect, contain, and resolve member defaults. Our procedures aim to minimize market impact and prevent systemic risk propagation.

  • Default detection & monitoring
  • Liquidation procedures
  • Default Management Committee oversight

Default Fund Management

Administration of a mutualized Default Fund to cover potential losses exceeding a defaulting member's margins, ensuring the continuity of market operations.

  • Fund contribution calculation
  • Fund administration
Market chart

Market chart

Membership Services

End-to-end support for Members, from onboarding and training to ongoing relationship management and compliance monitoring.

  • Member onboarding
  • Compliance audits
  • Operational support

Regulatory Compliance

Ensuring full adherence to Capital Markets Authority (CMA) regulations and international standards to maintain a fair and transparent market.

  • Regulatory reporting
  • Rulebook enforcement
  • International standards alignment
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About Us

Kuwait Clearing House (KCH) is a wholly-owned subsidiary of Kuwait Clearing Company (KCC) licensed by the Capital Markets Authority to undertake the services of a Central Counterparty (CCP) and a Securities Settlement System (SSS).

Advancing Market Confidence and Stability

Through robust risk frameworks and secure settlement processes aligned with international standards, KCH supports market stability, transparency, and sustainable growth, attracting both local and international investors.

Clearing and Risk Management

As a core pillar of financial sector development, KCH provides comprehensive clearing, settlement, and risk management services, ensuring safe, efficient, and final settlement of securities transactions.

Strengthening Market Infrastructure

KCH was established to enhance market infrastructure in alignment with international best practices, playing a pivotal role in reducing post-trade risks and safeguarding market integrity.

Mission & Vision

Guiding our commitment to trust, governance, and market integrity.

Mission

To safeguard the stability of the Kuwaiti capital market by providing robust, automated, and reliable clearing and settlement services. We are committed to mitigating systemic risk, safeguarding market participants, and upholding the highest standards of operational excellence supporting the continued development and competitiveness of Kuwait’s financial markets.

Vision

To be a trusted, resilient, and efficient financial market infrastructure that underpins the integrity, and facilitates the growth of Kuwait’s capital markets.

Board of Directors

Board member

Talal Bader Jassem Al-Bahar

Chairman
Board member

Duaij Raad Al-Saleh

Vice Chairman
Board member

Rasha Abdulrahman Al-Saeedan

Member
Board member

Essam Abdulaziz Al-Qaoud

Member
Board member

Fahad Sami Fahad Al-Rashid

Independent Board Member
Board member

Yousef Faisal Yousef Al-Qatami

Independent Board Member