Standard Terms (282.72 kB)
Changes in the standard terms for Derivatives - introduction of General Clearing Member
Oslo Clearing ASA wants to adjust its member structure to the international standard for clearing on behalf of clients. Clearing Members can be approved as General Clearing Members (GCM) and carry out clearing of GCM Client trading as an alternative to the current structure where Clearing Members approved as Clearing Representative can carry out clearing for End-client trading.
A draft Standard Terms for Derivatives in Norwegian language was submitted for hearing 15 September. Closing date for hearing comments is 12 October.