Izba Rozliczeniowa Giełd Towarowych S.A. (“IRGiT”) hereby reports that it has amended the Detailed Clearing and Settlement Rules of the Exchange Clearing House as follows:
- in §14 it changed the cut-off time for sending the declaration of value of the Transaction Limit dedicated to the IDM
The change extends the time for submitting the declaration for the Transaction Limit dedicated to the IDM from 11:00 to 12:30, which will allow Clearing House Members to use the limit more effectively, while maintaining the security of the clearing guarantee system. - Clearing House Member are allowed to contribute non-cash collateral in the form of aviation emission allowances
In order to address the needs reported by market participants, IRGiT has extended the catalog of recognized non-cash collateral by adding European Aviation Allowances (EUAAs). EUAAs will be accepted as non-cash collateral based on similar rules as those in effect for EUAs. These collaterals will also be presented in aggregate, together with EUAAs and PMOZE_A, in Collateral Pledged Reports.
In connection with the above change, forms of security transfer agreements and surety agreements will be published on IRGiT’s website, that will account for the possibility of contributing both types of CO₂ emission allowances as non-cash collateral at IRGiT.
These amendments will come into effect as of 1 July 2025.
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