Implementation of new legal documentation for swaps based on ISDA Master Agreement and Credit Support Annex (CSA).

We are proud to inform you that starting from Monday, Nov.26, 2018, we implement new legal documentation for swap contracts traded in AgroBrokBot. It is based on ISDA Master Agreement and Credit Support Annex (CSA). New Terms of Use are available athttp://ucclearing.com/en/agrobot/ in the section “Regulation”.

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).

Application form:
https://bit.ly/2r1jUPa

Questionnaire:
https://bit.ly/2TFFE0a

We will be pleased to answer any questions you may have!

Please contact us:+38 063 128 7863, email:[email protected], or just use “Support” option in AgroBrokBot.