About NetFX
We compress the KRW forward market down to what matters
NetFX runs multilateral compression for KRW deliverable forwards and NDFs, netting down redundant positions across each dealer's entire counterparty network. We cut gross notional and counterparty credit exposure without changing net market risk, for sell-side desks across onshore and offshore banks.
Built by FX rates practitioners
Our founding team ran KRW forward books and counterparty risk at global banks. Every decision starts with how compression behaves on a live book.
Risk-neutral by design
Every cycle nets down gross notional and counterparty exposure without changing your net market risk. We publish before/after analytics on every run.
Trusted across the network
We operate a neutral, consent-driven netting service with strict per-participant tolerances and full audit trails across onshore and offshore counterparties.
Our story
NetFX founded by a team of ex-bank FX rates traders, risk managers, and engineers.
Ran our first multilateral netting cycle across USD/KRW deliverable forwards.
Extended coverage to JPY/KRW and EUR/KRW forwards plus USD-quoted KRW NDFs.
Reached ~97 participating counterparties and ~30% average gross-notional reduction per cycle.
Leadership
Elena Marsh
Co-founder & CEO
Daniel Okafor
Co-founder & CTO
Priya Nair
Head of Netting Cycles
Marco Ferri
Head of Counterparty Risk
Want to bring your book into the network?
Whether you run a KRW forward book or manage counterparty risk, we would love to talk.