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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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