Clearing Member Margins

Clearing Members are contractually required to deposit margin with the Clearing House to cover their own and their customers' open positions.

We set margins at levels that are high enough to protect against market risk because our goal as a Clearing House is to safeguard the marketplace, while not tying up excessive funds.

Margins required for deposit are reviewed for each Member on an intraday and daily basis, since new positions may have been created during the trading day and existing positions closed out through offsetting transactions. Daily adjustments of margins are smoothly facilitated as standardized contracts allow continuous price monitoring. The profits or losses arising from the day's price fluctuations are either settled with cash (Variation Margin) or in the form of margin deposited with Eurex Clearing (Premium Margin).