Client Information - ECC limit management review

Dear Clients,

We hereby inform our Clients that KELER CCP has revised its announcement on ECC limit management, the amended document will enter into force on 5 February 2021.

The main changes are as follows:

Deadline for raising limits

If the limit increase instruction is received by 17:00 (CET) at the email address of KELER CCP  from the non-clearing member AND the required amount is available on the settlement account of the non-clearing member, KELER CCP guarantees that the requested limit will be modified and if necessary, the non-clearing member will be admitted to trading.

Deadline for reduction of limits

If the request for the limit reduction is received by 11:00 am (CET) to the email address of KELER CCP  from the non-clearing member, KELER CCP guarantees that the limit will be modified in the systems and the corresponding amount will be credited by the end of the given clearing day on the settlement account of the non-clearing member.

Please find more details in the attached Client Information.

Sincerely,
KELER CCP Ltd.