Central Counterparty Updates Risk Parameters Effective Tomorrow

Forex - Takasbank has updated the risk parameters used for calculating transaction collateral in the markets where it provides central counterparty or collateral management services, based on assessments that take market conditions into account.

According to a statement from Takasbank, the new risk parameters will take effect from the first risk calculation of the day on Friday, November 15, 2024.

The statement noted: "Any potential increases or decreases in collateral obligations resulting from the changed parameters can be monitored on member screens following the first risk calculation procedures of the day on November 15, 2024, and our members are required to carry out the necessary checks regarding their collateral obligations.

The risk parameter file containing the new parameters will be announced on Takasbank's website as of the first risk calculation of the day on November 15, 2024.

Corrections relating to the prices and/or quantities of the underlying assets for equity futures and options contracts traded on VIOP will be reflected in the risk parameters of the respective equity-based futures and options contracts.

On November 15, 2024, the monitoring of real-time margin calls will need to be carried out according to the risk parameters dated November 14, 2024. The margin call obligations calculated in the evening of November 15, 2024, will be based on the new parameters."