The UCH clears rights and obligations arising from exchange trading in the commodity market in the Agricultural Products segment in accordance with the:
- Regulations for Clearing Activities in the direction (commodity market) “Agricultural Products” of the Clearing Member - Ukrainian Clearing House Limited Liability Company;
- Rules for Clearing Activities of the Ukrainian Clearing House Limited Liability Company.
The types of the guarantee fee (margin) applicable to the direction (commodity market) “Agricultural Products”, their amount (rate), and the subject composition of the payers of the guarantee fee depending on its type are set out in Rates (amounts) of the guarantee fee (margin) of the clearing institution - UCH LLC.
In order to pay the guarantee fee as a means of ensuring fulfillment of obligations under the exchange agreements/exchange contracts concluded (executed) on the commodity exchange, the clearing member (trading participant on the commodity exchange) shall replenish its clearing account in the UCH clearing accounting system by transferring funds to the UCH bank account using the details specified in the invoice generated by the ETS of the commodity exchange and/or the clearing house system, with mandatory indication of the purpose of payment:
«UAH-0000000000; ETSA; payment of the guarantee fee for replenishment of the clearing account and blocking of funds to the Exchange in the direction of “Agricultural products”, excluding VAT.",
where:
UAH-0000000000 – Currency ID and clearing account number (USREOU code) of the clearing member;
ETSA - identifier of the commodity exchange (electronic trading system) of the commodity exchange.