Clearing guarantee system

The main task of the clearing guarantee system is to effectively ensure the clearing and settlement security for all of the Clearing House Members, operating on the commodity and financial over-the-counter markets .

The clearing guarantee system consists of following elements:

  • Collateral Margins
  • Transaction Margin
  • Guarantee Fund

Each Clearing House Member pledges collaterals which cover the theoretical costs of closing positions in case of insolvency.