Summary
This circular informs Direct Clearing Participant (DCP) members about the upcoming UK bank holiday on 25 August 2025 and its effects regarding their trading limits.
Limit calculation on UK Summer Bank Holiday
Due to the upcoming summer bank holiday there will be no settlement on 25 August 2025 and for the UK only. As a result, the collateral you have with ECC will be split over a longer period resulting in lower limits for all UK markets you are admitted to as the base limit requirements increase. In case you wish to increase your collateral, please provide us with the DCP O10 form as soon as possible at the latest by Wednesday, 20 August 2025, 11:00 am CEST.
To simulate your limits over the holidays please use our DCP Limit Tool.
If your base limit for non-business days is set to 0 on GBP markets, you will have a limit of 0 on Friday, 22 August between approx.16-18:00 CEST. If you want to change this, please hand in the O09 form by 20 August.
Should you have any question, please do not hesitate to contact us via Phone: +49 341 24680-444 or via e-mail: direct.clearing@ecc.de
CONTACT Direct Clearing
ECC Direct Clearing
T +49 341 24680-444
Direct.clearing@ecc.de