Staggered Delivery

Staggered Delivery is ADEX Technology's model for reducing delivery risk in deliverable futures by progressively transitioning collateral requirements toward the required settlement or delivery asset before expiry.

• Supports progressive collateralisation as a deliverable contract approaches expiry.
• Helps align collateral with the asset required for delivery or settlement.
• Connects expiry workflow, margin requirements and settlement readiness.
• Reduces reliance on last-moment operational intervention close to delivery.

Staggered Delivery sits across futures risk, clearing and settlement workflows. It connects contract expiry, collateral requirements, delivery readiness and settlement operations so delivery risk is addressed before the final settlement event.

• Trading creates futures positions that may move toward expiry and delivery.
• Risk management monitors margin, open positions and collateral transition.
• Settlement uses delivery readiness and asset allocation information to complete the post-trade workflow.

• Expiry risk workflow support
• Progressive collateral transition
• Delivery readiness monitoring
• Asset reservation or allocation support
• Margin and collateral workflow linkage
• Settlement preparation records