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clearing
house and clearing memebers funds structure
financial
Safeguard system: Resources
margin fund (AIM)
- Constituited by
cash and accepted securities, which cover one day market variations for
each open contract.
additional margin fund. (EAIM)
- Constituited by
cash contributions from each clients open contract based on its credit
quality.
clearing
fund. (cf)
- Constituited by
cash contributions from Third – Party Clearing Members and Propietary Clearing Members, equivalent to 10% of
Margin Fund.
third-party
clearing member`s patrimony
- Constituited at
least by the equivalent in mxn pesos of 5
million UDIs or the 8% of the Trusts Margin Fund.
propietary clearing member`s
patrimony
- Constituted at least by the equivalent in mxn pesos of 2.5 million UDIs or the 4% of the of the Trusts Margin Fund.
clearing house patrimony
- Constituted at least by the equivalent in mxn pesos of 15 million UDIs. The 90% of the Patrimony are liquid
resources.
financial Safeguard system
- According to the Trusts structure, you can see that resources are
separated from the credit institutions
- The Financial Safeguard System examples show
that the design of the Funds Structure is able to cover up to 9.1
standard deviations for a period of one day with these resources
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