On Jun. 24, ECC issued circular for DCP clearing members.
ECC issued clearing circular 32/2025 notifying direct clearing participants (DCPs) of changes regarding base limit requirement on UK market and effects on trading limits.
With effect on Jul. 7, 2025 the Base Limit requirement for UK market will be changed.
Instead of requiring 3 business days for Base Limit, it will be lowered to 2 business days, enabling the DCP to increase the Base Limit BD by 50% without changes in collateral requirements or to free up more collateral for trading.
A unique situation is possible in which limit at 16:00 is lower than defined Base Limit.
