Guarantee Fund

The Guarantee Fund is a part of the clearing guarantee system in IRGiT. The Guarantee Fund’s resources are only used in case of insufficient margins.

It consists of contributions from individual Clearing House Members in proportion to their risk exposure.

Due to the pre-validation model of orders used, the amount of payments to the Guarantee Fund of the Clearing House Members conducting activities only within the scope of Emission Allowances is set at PLN 0.

The payments to the guarantee fund are updated on a monthly basis.

 

Detailed information on the Guarantee Fund has been described in the Regulations of the Guarantee Fund of the Clearing and Settlement House.

Current and archival multipliers for Guarantee Fund are available in the parameters tab.