​

IRGIT CH provides client asset segregation and portability solutions for clients, so that should a clearing member default, a client’s positions and assets can be transferred to another clearing member.

​

IRGIT CH has developed a range of customer protection models to provide clients with a choice in the level of protection they would like to receive. Clearing members and clients can choose an account based on the client’s needs, including cost and asset class for example.

​

IRGIT  CH will offer the following client segregated accounts so that clearing members can provide their clients with a choice in the level of asset protection they opt for:

​

• Customer Omnibus Accounts (Net Margin) for Futures and Options Clearing;

• Customer Omnibus Accounts (Gross Margin) for OTC CDS Clearing;

• Individual Segregation through Sponsored Principal Account; and

• Individually Segregated Margin-flow Co-mingled Account (known as "ISOC").

​

INDIVIDUAL CLIENT SEGREGATION

​

International regulations require that central counterparties (CCPs) provide an individual client segregation model and CCPs can also offer further client segregation models and choices.

​

If a client opts for individual client segregation of assets, their positions and margin will be held in an account at the clearing house, along with any excess margin. With individual client segregation, a client’s positions, margins and excess margins are segregated and distinguished from margins of other clients and clearing members. Any excess margin held by an individually-segregated client, will not be exposed to another client or clearing member’s losses recorded in another account.

​

​

​

​