NZX Clearing operates a Central Counterparty (CCP) Clearing House and Securities Depository. The Clearing House ensures the orderly settlement of all on-market trades. It clears all trades made on the NZX Main Board, NZX Debt Market and Derivatives markets, as well as the Fonterra Shareholders' Market. The Securities Depository provides Participants with efficient settlement of on and off-market trades, securities safekeeping services and offers Participants a securities lending facility.

The Clearing House and Securities Depository are essential infrastructure for New Zealand's capital and financial markets. NZX Clearing safeguards market integrity by fulfilling the industry's need for stable infrastructure built around the primary task of clearing and settling on-market trades.