CCP Austria evaluates the current economic and financial situation of each participating Clearing Member before and after joining the clearing system.
In case of default, CCP.A shall be entitled to liquidate the collateral as well as contributions to the default fund to cover the incurred losses.
Here you can find out more about margin levels and the risk factors used to calculate them.
In addition to providing clearing collateral, each clearing member is required to provide the established contribution to the default fund.
Here you will find details on the collateral that clearing members must deposit to cover settlement risk.
