Acceptable Collateral

Please see list of acceptable cover currency as cash collateral from Clearing Members below.

Variation margin must be met in the designated settlement currency of contract and contributions to the guaranty fund must be met in USD. Margin calls to cover initial margin shortfalls will be issued by the Clearing House in USD.  

Collateral employed to meet initial margin requirements for the eligible designated settlement currencies as listed below are subject to a cross-currency haircut. Any other pairs of cover currency against designated settlement currency not listed in below table will not be recognised nor accorded any valuation. 

Any additional collateral types will be proposed within the risk advisory committee.