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Portfolio Transfer

Transfer Historical Transactions (Trades)

Clearing Client (CC) change of Client Representative (CR)

  • Sign new Clearing Client Agreement
  • Terminate previous Clearing Client Agreement with the Clearinghouse
  • Confirmation of date to perform transfer from previous Clearing Representative (CR)
  • No Three Party Agreement for transaction transfer
  • No additional transaction transfer fees

Non-Clearing Member (NCM) portfolio transfer to another General Clearing Member (GCM)

  • Sign new entry form
  • New Counterparty = Three Party Agreement for transaction transfer must be signed by current and new GCM
  • Administrative transaction transfer fee (as specified in Fee List – Trading/Clearing Appendix 7)

One member of the clearinghouse transfers its contracts to another member of the clearinghouse

  • Three Party Agreement for transaction transfer must be signed
  • Administrative transaction transfer fee (as specified in Fee List – Trading/Clearing Appendix 7)

Member transfers contracts from one Clearing Portfolio to another Clearing Portfolio within the same membership

  • No Three Party Agreement for transaction transfer

More Information

The Clearinghouse must receive three copies of the agreements with original signature. A scanned pdf-version will be accepted, but the Clearinghouse must receive the originals within two weeks. If the originals are not received the Clearinghouse will transfer the contracts back to the original Clearing Portfolio.

  • Normally we do not perform portfolio transfers on less than one month notice. Please note that change of Client Representative might take up to three months.
  • At trading days when cascading Year and Quarter contracts, the Clearinghouse cannot perform portfolio transfers. I.e. no transaction transfers the last Trading Day in every quarter. (Last Trading Day in March, June, September and last three Trading Days in December.)
  • Please see the Product Calendar for more details.
  • The Clearinghouse needs the following information for the Three Party Agreement: The name of the Clearing Portfolio for the new and the old Counterparty; detailed information as to which trades/position shall be transferred. Note that the cascading process might change the original trade.

You may view a sample Three Party Agreement by clicking on the link below.

Download Three Party Agreement

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