Collateral can be posted as cash to the following bank account:
Bank Luminor Bank AB
Bank code 21400
Account No. LT30 2140 0300 0349 5472
Payment details Collateral
For the purpose of securing obligations of participants participants must provide the Operator with collateral. Collateral shall be provided in these cases:
Collateral can be posted as:
Before placing trading orders, participant must provide collateral of following amounts:
1) 15% of total orders value – for weekly contracts;
2) 5% of total orders value – for other contracts (monthly, quarterly etc.).
After conclusion of contracts with delivery period longer than week, participants of categories B, C and D must within 5 business days present the Operator with Contracts Collateral of such amount that total collateral (including Trading Orders Collateral) for that specific contract would be at least 10% of total contracts value.
Participants at any time may request the Operator to return any amount of unused Collateral. The request may be submitted via electronic trading system.