The following changes will be made to Appendix 14 of the Clearing Rules of NASDAQ OMX Derivatives Markets - Collateral List:
- The maximum allowed time to maturity is set to 40 years. This is reflected in point J under General Conditions in the Collateral List.
- Haircuts for all eligible bonds with maturities ranging between 20-30 years are increased from 20% to 21.5%. This is reflected in the Collateral List by a change of the values after haircut from 80% to 78.5%.
The above changes will come into force 2014-09-17
Attached document:
Appendix 14 - Collateral list - 2014-09-17
For further information regardng this exchange notice please contact Risk Management European Financial Products, telephone +46 8 405 70 88, or riskmanagement@nasdaqomx.com
NASDAQ OMX Derivatives Markets
Risk Management European Financial Products
