ECC plans to adjust the parameters for the Initial Margin Spot Market (IMSM) as of 26 July 2021 as follows:
The new parameters applicable will be:
| Parameter | Current | New |
| 𝛼 (multiplier for statistical component) | 3,1 | 2,8 |
| 𝛽 (multiplier for maximum component) | 1,4 | 1,5 |
| d (lookback period for maximum component) | 20 | 30 |
All other IMSM model parameters remain unchanged.
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de