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 Basic Transaction Limit to be increased (only Bank Guarantees). The objective of the collaterals lodged by the Clearing Members in non-cash form by the right of the Margins may be as follows:

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

Non-cash collateral lodged in accordance with the Detailed Clearing Rules for the markets operated by TGE S.A.