Non-cash collaterals

Members of IRGiT have the opportunity to lodge non-cash collaterals. The objective of collaterals in non-cash form is to reduce the required cash for the Margins. Moreover, it allows the value of the Transaction Limit to be increased. The objective of the collaterals lodged by the Clearing Members in non-cash form by the right of the Margins and the Transaction Limit may be as follows:

  • Bank Guarantees,
  • Property Rights under Certificates of Origin,
  • Emission Allowances.

Non-cash collateral lodged in accordance with the resolution of the Management Board of IRGiT