Due to regulatory requirements ECC introduces a new concentration risk margin in Q3/2019. At the same time the calculation of the concentration risk component as part of the minimum default fund contribution will be discontinued. Concentration risk arises from large positions compared to given market capacities. For details please refer to the description of concentration risk in ECC’s Margining document.
Technical implementation
The concentration risk margin will be included in the report CC050 Daily Margin as margin class CONR. The relevant market capacities will be published and updated on a monthly basis on ECC’s website.
The effective date of the changes will be announced in due time.
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de