Summary
ECC is planning to replace the current SPAN1 initial margin model for derivatives with a portfolio-based initial margin model. ECC’s target model is the Prisma methodology, initially developed and deployed by Eurex Clearing AG. The technical platform including member interfaces will be the state-of-the-art Risk Management Platform R7, developed within Deutsche Boerse Group.
The roll-out of the Risk Management Platform and the initial margin methodology for commodity derivatives cleared by ECC is planned for 2026, subject to the successful completion of the regulatory approval processes and member readiness.
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de