EMIR clearing thresholds: Difference between revisions
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{{a| | {{a|isda|}}UInder EMIR there are two sub-categories of [[Non-financial counterparties - EMIR Provision|non-financial counterparties]]: [[NFC+]] and [[NFC-]]. | ||
All [[Non-financial counterparties - EMIR Provision|non-financial counterparties]] must calculate their group’s aggregate month-end average position in derivative contracts for the previous 12 months, [[Hedging exemption|excluding derivative trades executed for hedging purpose]]. | All [[Non-financial counterparties - EMIR Provision|non-financial counterparties]] must calculate their group’s aggregate month-end average position in derivative contracts for the previous 12 months, [[Hedging exemption|excluding derivative trades executed for hedging purpose]]. | ||
Revision as of 10:16, 3 August 2022
UInder EMIR there are two sub-categories of non-financial counterparties: NFC+ and NFC-. All non-financial counterparties must calculate their group’s aggregate month-end average position in derivative contracts for the previous 12 months, excluding derivative trades executed for hedging purpose.
Thresholds
- Credit: EUR1 billion
- Equity: EUR1 billion
- Interest Rates: EUR3 billion
- Foreign exchange: EUR3 billion
- Commodities and others: EUR3 billion