ECC Clearing Circular 32/2024 | C7 Announcement

    Summary

    ECC would like to inform you about the decommission of the Permanent Cash Balance (PCB).

    As replacement, ECC introduces a similar functionality that allows the deposit of cash collateral with Type-Of-Money “TERM. The Type-Of-Money “TERM” represents a
    Permanent Cash Holding without end of day substitution.

    ECC will transfer any available PCBs on behalf of the Clearing Member by 23rd August 2024. As of that date, the Clearing Members shall make use of the new function instead.

     

    Contact
    European Commodity Clearing AG
    Clearing & Settlement
    Phone: +49 341 24680-444
    E-mail: clearing@ecc.de