Overview
European Commodity Clearing AG (ECC) is pleased to announce the introduction of a new option allowing trading participants to consolidate and net their spot market exposures across multiple Member IDs.
By activating such option, trading participants will be able to consolidate their positions across their different setups and organisations at ECC for the calculation of the Initial Margin Spot Market (IMSM) and the Current Exposure Spot Market (CESM). As a result, margin requirements will better reflect the economic risk of the trading participant, and depending on the trading behaviours, may lead to margin savings. This option supports more efficient collateral usage while maintaining ECC’s robust risk management standards.
This option is applicable for Non-Clearing Member setups only and limited to Member IDs that are associated with the same legal entity and cleared by the same Clearing Member.
CONTACT
European Commodity Clearing AG
T +49 341 24680-444
E-Mail: clearing@ecc.de