# Financial entities | FXOpen Ledger > A structured directory of 18 financial entity profiles linked to public research. Canonical: https://fxopenledger.com/pairs Last updated: 2026-10-24T17:41:50.410Z ## Financial entities indexed by FXOpen Ledger This directory lists 18 public entity profiles linked to research that passes current indexability checks. - [1-Month Non-Deliverable Forward (NDF) Standard Contract (NDF-1M)](https://fxopenledger.com/pairs/1m-non-deliverable-forward-ndf) — product; Global OTC / SEF. Cash-settled short-dated foreign exchange derivative where counterparties settle the net USD difference between the contracted NDF rate and the official central bank fixing rate. - [Bank for International Settlements (BIS) (BIS)](https://fxopenledger.com/pairs/bank-for-international-settlements) — company; Switzerland (International). International financial institution owned by member central banks that publishes the Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets. - [CFETS USD/CNY Central Parity Fixing Mechanism (CFETS-FIX)](https://fxopenledger.com/pairs/cfets-usdcny-central-parity) — product; China / Hong Kong Offshore. Daily 09:15 Beijing time benchmark exchange rate published by the China Foreign Exchange Trade System, anchoring the onshore USD/CNY ±2% trading band. - [CLS Bank International (PvP Settlement Utility) (CLS-PVP)](https://fxopenledger.com/pairs/cls-bank-pvp-settlement) — company; United States / International. Systemically important financial market utility operating the global multilateral Payment-versus-Payment (PvP) settlement system for 18 major currencies. - [Covered Interest Parity (CIP) Cross-Currency Basis (CIP-BASIS)](https://fxopenledger.com/pairs/covered-interest-parity-basis) — product; Global Interbank. The spread discrepancy between the direct cash USD funding rate and the synthetic USD interest rate implied by foreign exchange spot and forward swap points. - [FTSE Russell WMR 16:00 London FX Benchmark (WMR-4PM)](https://fxopenledger.com/pairs/wmr-4pm-london-fx-benchmark) — product; United Kingdom. Primary institutional foreign exchange spot benchmark calculated over a five-minute window (+/- 2.5 minutes) around 16:00 London time for portfolio valuation. - [FX Prime Brokerage Designation Notice (Give-Up) (FXPB-DN)](https://fxopenledger.com/pairs/fxpb-designation-notice) — license; New York / English Law (ISDA). Tri-party legal instrument under which a Tier-1 Prime Broker authorizes an executing dealer or ECN to execute FX transactions in the Prime Broker’s name on behalf of a designated client. - [FX Transaction Cost Analysis (TCA) Implementation Shortfall (TCA-IS)](https://fxopenledger.com/pairs/fx-tca-implementation-shortfall) — product; Global Institutional. Quantitative post-trade execution benchmark measuring the total basis-point difference between the arrival mid-price at order inception and the final volume-weighted execution price. - [GFXC Standardized Liquidity Provider Disclosure Cover Sheet (GFXC-LPDS)](https://fxopenledger.com/pairs/gfxc-lp-disclosure-cover-sheet) — license; International (BIS / GFXC). Standardized disclosure template mandated by the Global Foreign Exchange Committee to establish transparency on last-look hold times, symmetry, and pre-hedging. - [Global Foreign Exchange Committee (GFXC) (GFXC)](https://fxopenledger.com/pairs/global-foreign-exchange-committee) — license; International. Global forum of central banks and market participants maintaining the FX Global Code of conduct for wholesale foreign exchange markets. - [ISDA 2016 Variation Margin Credit Support Annex (VM-CSA) (VM-CSA)](https://fxopenledger.com/pairs/isda-2016-vm-csa-standard) — license; New York / English Law. Standardized collateral annex to the ISDA Master Agreement governing daily T+0/T+1 variation margin exchange for non-centrally cleared OTC derivatives. - [Loco London Unallocated Gold Clearing (XAU/USD) (XAU-LDN)](https://fxopenledger.com/pairs/loco-london-xauusd-clearing) — product; United Kingdom (LBMA). The wholesale OTC precious metals settlement convention where gold is traded and settled as unallocated fine troy ounce credits across London bullion clearing banks. - [Minimum Quote Life (MQL) ECN Rule (ECN-MQL)](https://fxopenledger.com/pairs/minimum-quote-life-mql) — product; Global Electronic Venues. Electronic matching engine rule requiring resting maker limit orders to remain executable for a mandatory millisecond threshold before cancellation is permitted. - [Order-Book Depth Resiliency Half-Life (FX) (OB-TAU)](https://fxopenledger.com/pairs/orderbook-depth-resiliency-halflife) — product; Global Electronic FX. Microstructural metric measuring the elapsed time in seconds required for top-5-level order-book liquidity to recover 50% of its pre-announcement depth following a macro shock. - [Statutory Negative Balance Protection (NBP) (NBP-RULE)](https://fxopenledger.com/pairs/negative-balance-protection-nbp) — license; UK / EU / Australia. Regulatory mandate requiring leveraged FX and CFD providers to absorb any account deficit below zero equity on a per-account basis. - [Synthetic Triangular FX Auto-Hedger Engine (TRI-FX)](https://fxopenledger.com/pairs/synthetic-triangular-fx-engine) — product; Global ECN / Dealer. Algorithmic pricing and hedging engine that constructs streaming bid-offer quotes in non-USD currency crosses by combining two liquid USD spot legs in real time. - [Tom-Next (T/N) Interbank FX Rollover Rate (FX-TN)](https://fxopenledger.com/pairs/tom-next-interbank-fx-rollover) — product; Global Interbank FX. Short-dated foreign exchange swap rolling an open spot position from tomorrow (T+1) to the next business day (T+2) at the pure interbank interest rate differential. - [Volume-Synchronized Probability of Informed Trading (VPIN) (VPIN)](https://fxopenledger.com/pairs/vpin-toxicity-metric) — product; Global Quantitative. High-frequency microstructure metric measuring order-flow toxicity in volume time rather than clock time to predict imminent liquidity-provider adverse selection.