Initial margin

Spot gas products are traded on the Trading Platform, the gas market turnover margin is to cover the risks arising from default on related financial liabilities. It is calculated once a month, the calculation methodology is published on the website of KELER CCP. The turnover margin is determined based on the historic traded buy TP transactions and the buy imbalance positions. The turnover margin amount is a sort of limit for Clearing Members as they deposit various instruments as turnover margin in favor of KELER CCP, these are part of the limit coverage checked by FGSZ and the individual financial position limit checked by KELER CCP.

Related link:
Announcement on Trading Platform Guarantee System