In order to be able to meet the financial obligations of the clearing members in the event of a default, KELER CCP operates guarantee system. The elements of the guarantee system are the individual and collective guarantee elements of the clearing members, the skin in the game and the supplementary guarantee capital of KELER CCP. The elements of the guarantee system are used in the event of a default in the order set out in the diagram below.
Please find here the prevailing amount of TEA and the dedicated own resources and other financial resources of KELER CCP.
