Clearing guarantee system

The main task of guarantee system is to ensure the security in an effective way  of the clearing and settlement for all Members of the Clearing House, operating on the Financial Market.

The clearing guarantee system consists of the below elements:

  • Margin
  • Transaction Margin
  • Transaction Limits Monitoring System
  • Mark-to-Market
  • Guarantee fund

Each of the Members of IRGiT lodges collaterals which cover the theoretical costs of closing positions in case of insolvency.