ECC will introduce weighting factors for freight contracts in delivery in the calculation of Single Margin Parameters (SMPs) which are used to determine the SPAN® Initial Margin for derivatives as of 13 December 2021.
The weighting factors will be published in the risk parameter file on the ECC website.
There are no process changes and no technical adjustments required.
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444