The Commodity Exchange “Central Commodity Counterparty” becomes the operator of AgroBrokBot trading venue. The new rules provide fordaily Mark-to-Market of positions and credit exposure to trading counterparties.
- A trader has the option to request collateral (variation margin) from its trading counterparty in case if positive MtM exceeds 20 000 USD
- Minimum transfer amount is 5000 USD
- Collateral should be posted within three business days after receipt of a margin call
- Eligible collateral is US Dollars
Traders can bilaterally establish other credit terms towards their counterparties in order to manage their credit exposure in an optimal way.
Please follow this link for a presentation and more details about ISDA MA and new features recently implemented in AgroBrokBot:https://bit.ly/2KrGAAR
To continue trading with AgroBrokBot you shall send us a signed Application form giving your consent to adherence to ISDA Master Agreement and CSA and filled KYC Questionnairewithin a period of 1 month (until Dec. 26,2018).
We will be pleased to answer any questions you may have!