Commodity Market
ITS Сlearing house provides clearing services for all commodities trades concluded on the trading platform of Private company ETSE Ltd.
Based on information about all trades concluded in Private company ETSE Ltd., clearing house determines the requirements and obligations of each trading participant on the commodity market. ITS Clearing provides a high level of transparency and security of monetary settlements for all parties.
ITS Clearing performs the following functions:
- requirements setting for procedure, amount, and time limits for collateral provision,
- sufficiency control of collateral provided for the purpose of order submission,
- sufficiency control of collateral provided for settlements on cash under the procedure and within set time limits,
- clearing of obligations without a central counterparty.