A new requirement will take place June 1st and is presented in the Default Fund Requirement and Evaluation report which can be found in Genium INET Clearing Workstation.
The requirement for upcoming quarter is shown under column heading “Required Contribution (2015-06-01)”.
If your current collateral value doesn’t cover your upcoming requirement, please make sure you meet your requirement on time. Posted contributions shall be transferred and settled on Nasdaq bank or CSD/ICSD accounts no later than 11:00 CET on June 1st 2015. All transactions to the Default Fund shall be marked with the Contribution Reference (Default Fund custody account number).
Please review our SSI before posting default fund contributions to make sure you are using the correct one. You will find the SSI here.
For further information about the Default Fund, please visit the Default Fund website or contact us using the details below.
Contact details
Collateral Management team
Email: cms@nasdaq.com
Phone +46 8 405 6881
