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Clearing and settlement

When you win, these rules are what pay you. Every contract's clearing rules are published before it trades, and every settlement lands in one public log anyone can verify.

Two steps between a close and your money

The same two steps every exchange runs. The difference on Stride is that both happen in the open.

Step one
Clearing

Deciding what a closed trade is owed. The rules that decide it are published before the contract ever trades, so the number is arithmetic, not a judgment call.

Step two
Settlement

The money landing. Every settlement, on every contract, lands in one public log, in order, where anyone can verify it.

What holds for every contract, forever

Three promises that hold for every derivative contract Stride will ever list. Everything else is each contract's own rulebook, published like everything else.

Rules before trades

A contract's clearing and settlement rules are published before it opens for trading. If a rule changes, the change is published too.

One log for everything

Every settlement on every contract lands in the same public log, in full, in order, verifiable by anyone.

Nothing waits in silence

When money waits anywhere on Stride, you can see where it is and why. Never an approval, never a review, never silence.

Nothing on this page needs a human's permission. No approvals, no reviews, no support ticket for your own money, and nobody whose mood decides.

Each contract clears by its own rulebook

Pick a derivative contract to see its clearing and settlement, its rules, its log, its worst days, all on the record.

Knockouts
Live

Margin never enters clearing, it is withdrawable the moment a trade closes. Profit clears against a published settlement reserve, instant when funded, else a public first-in, first-out queue.

Futures
Listing next

Rules publish at listing, on a page like the knockouts one, before the first trade.

Options
Listing next

Rules publish at listing, on a page like the knockouts one, before the first trade.

Autocallables
In build

Rules publish at listing, on a page like the knockouts one, before the first trade.

Interest rate derivatives
In build

Rules publish at listing, on a page like the knockouts one, before the first trade.

See it work with your own money

Open an account, deposit small, take one trade, withdraw it. Your settlement lands in the log like everyone else's.

Open an account