Texts
Default Fund
... by CCPA. The Default Fund contribution is calculated based on a minimum amount and a dynamic component.
The minimum contribution amounts to
GCMs EUR 250.000,00 DCMs EUR 50.000,00
The dynamic component is based on the respective exposures of each Clearing Member and is determined...
https://www.ccpa.at/en/risk-management-securities-clearing/default-fund/
FAQs
... Agreements and contracts must be signed with CCP.A?
Clearing Agreement between Clearing Member and CCP.A Clearing Service Agreement between GCM and NCM Declaration regarding the assumption of the function as a Clearing Agent
How does clearing work?
Clearing and settlement is carried out by...