...Downloads Account Structure Every Clearing Member must maintain cash and securities accounts for clearing and collateralization of transactions with the Clearing Facilities (or, in the case of accounts, with an account-holding bank). Further, it has given instructions to set up the required automatic debit/credit...

... Information OeKB CSD GmbH The settlement of Electricity Spot Market transactions, including fees and taxes, and the safekeeping of clearing collateral shall be done by the Clearing Facilities (Settlement Bank and Collateral Custodian) on behalf of CCPA. Therefore, the Clearing Facilities shall be...

... Settlement Account in order to meet payment obligations Failure to cover the Final Margin Call after due time Failure to maintain the required collateral components in their particular proportions Failure to replenish realised collateral Failure to provide the required default fund contribution in...

... AG - Account Information OeKB CSD GmbH Oesterreichische Nationalbank (OeNB) The settlement of transactions and the safekeeping of clearing collateral shall be done by the Clearing Facilities (Settlement Bank, CSD and Collateral Custodian) on behalf of CCPA. Therefore, the Clearing Facilities are...

... deposits The Clearing Member shall expressly agree to SEPA B2B direct debit procedure. Each Clearing Member shall provide sufficient Clearing Collateral for the financial clearing in order to cover the risk of default. For this purpose, the Clearing Member may set up one or more collateral accounts...

... a default, pursuant to § 34 General Terms and Conditions of Business of CCP Austria, CCPA has the right to carry out the realization of the clearing collateral including the cash balances and the acceptance balances as well as the contributions of the defaulting Clearing Member to the default fund in order...

... a.m. Start 1st Intraday Margin calculation (IM01) 11:00 a.m. 2nd reporting schedule on margin, collateral, open & settled positions  (SWIFT and BCS Web Client) 11:15 a.m. Release of collateral on request...

... the highest and category 8 the companies with the lowest credit rating. Depending on the credit rating of the Direct Clearing Member, the clearing collateral is increased by a risk premium. Financial Ratios Capital-to-assets ratio in the narrower sense Capital-to-assets ratio in the wider sense...

... on Default Fund Calculation Default Waterfall Current interest rates Each participating Clearing Member is obligated to deposit the clearing collateral and, in addition, to contribute the specified amount to the default fund maintained by CCPA. The Default Fund contribution is calculated based on a...

... Forms & Documents Version Contact Form 2021-09-01 Form for Release/Reduction of Collateral 2022-05-02 Signature Directory 2021-10-11 Guideline Participant Admission from EXAA...

... rates and exchange rates) Stock Exchange Members, who take part as participating Clearing Members in the clearing system of CCPA, must deposit collateral with OeKB as the clearing bank for securing the clearing risk. The collateral requirements are calculated on the basis of the balance of open...

... ETFs, certificates and warrants) II. Deadline Establishment      ad §§ 31 para. 1 and 35 para. 7: Depositing of clearing collateral A default on collateral of a Clearing Member occurs, if the depositing of clearing collateral, which is determined at the end of a clearing day...

... Reorganisation Act in percentage of operating income (from sales) Fictitious debt redemption period pursuant to the Company Reorganisation Act Collateral Risk Premiums Risk category Risk premium 1 - 3 0 % 4 5 % 5 10 %

... and provide proof to CCPA that it has made the required contribution to the Default Fund, has provided the required minimum amount of clearing collateral, has installed the required technical facilities including access to the clearing systems, has the professionally trained staff required...

... flexible account structure to the Clearing Members, thus enabling them to reach different granularity in the management of their position, margining, collateral and settlement accounts. The clearing and risk management information is made available to the Clearing Members in different formats in...

... the framework for the organization of clearing, the clearing procedures, the treatment of default events and the deposit and realization of clearing collateral and contributions to the default fund.  The GTC have to be accepted by all Clearing Members as admission requirement. Here you can find...

... for the organisation of clearing, the clearing procedures, the management of default events as well as the provision and realisation of clearing collateral and contributions to the default fund. The General Terms and Conditions for Spot Market Products in electric Energy must be accepted by all...

... the Default Fund contribution of EUR 250,000 (GCM) and EUR 50,000 (DCM) Belongs to one of the categories pursuant to § 2 Austrian Financial Collateral Act Professionally training the staff Termination In case you wish to terminate your existing contract with CCP Austria, please refer to our...

... calculated in the 10 min. intervals for the 1st auction (EXAA). 09:30 Margin Call Check Check on the collateral coverage of the margin call from the previous final margin computation run. 10:12 Trade Closure The...

... Policies (pursuant to Reg. (EU) 153/2013) Version Account Structure 2023-07-20 Collateral Policy 2025-04-24 Public Information on Default Fund Calculation 2024-10-17 Default...

... Downloads Collateral Policy The clearing members are obliged to provide CCPA with collateral in order to cover their margin requirements as well as their contributions to the default fund. Collateral Policy CCPA will define a Collateral Policy for the electricity spot market which specifies the...

...Downloads Collateral Policy The Collateral Policy defines the requirements, which collaterals Clearing Participants need to fulfill at CCPA in order to cover their clearing risks. Accepted Collaterals Cash in EUR Eligible securities (collateral class 1-3) Debt instruments specified on the list of...

... execution of payments initiated prior to insolvency and, in particular, prevents the retroactive cancellation of payments.  It also applies to collateral provided as part of participation in a system. The recognition as a final payment system for clearing in the electricity spot market thus makes a...

... to process and forward instructions between CCP Austria and Clearing Members. Furthermore, CCP Austria may permit the administration of the clearing collateral by a Clearing Agent, restricted to the group of Agent Clients of the Agent. Clearing Agent Agreement - sample ...

...eement. The content of a clearing agreement for Spot Market Products in electric Energy is, for example, the disclosure of the account-holding bank, the desired collateral structure or the liability period. Downloads ​​​​​​Clearing Agreement Spot Market Products electric Energy Trilateral Agreement...

... result from these bilateral, segregated agreements concluded between CCPA and the respective Market Coupling Counterparty. The provisions for collateral requirements also apply to Market Coupling Counterparties. However, Market Coupling Counterparties are exempt from the obligation to make...