Due to the phase-out of non-fully backed bank guarantees as eligible collateral, Nasdaq Clearing is making updates to Appendix 14 of the Clearing Rules of NASDAQ OMX Derivatives Markets – Collateral List. More information regarding the bank guarantee phase-out can be found on: http://www.nasdaqomx.com/europeanclearing/collateral-management/bank-guarantee-phase-out
The following changes have been made:
- General Conditions – Point K and L concerning bank guarantees have been removed
- Collateral Types – Point 6, including all information regarding bank guarantees, has been removed
The changes will come into force 2016-02-29
Attached documents:
Appendix 14 - Collateral list – 2016-02-29
For further information regarding this exchange notice please contact Clearing Risk Management, telephone +46 8 405 70 88, or riskmanagement@nasdaq.com
NASDAQ OMX Derivatives Markets
Clearing Risk Management
