Indirect Clearing
Under the indirect clearing rules related to the implementation of the Markets in Financial Instruments Regulation (MiFIR) and the Markets in Financial Instruments Directive II (MiFID II), AMT Futures Limited is obliged to offer their "indirect clearing" clients the option to choose between a NOSA/ BOSA and a GOSA account structure.
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The diagrams below outline the two account types (Net or Basic, and Gross OSA) that we offer.
Net Omnibus (NOSA or BOSA) - please note that this is current account structure
CCP
Member
Member House Account
Direct Clients
Indirect Clients
Position
Client 1
Client 2
Margin
Client 1
Client 2
Collateral
Client 1
Client 2
Position
Indirect Client 1
Indirect Client 2
Indirect Client 3
Margin
Indirect Client 1
Indirect Client 2
Indirect Client 3
Collateral
Indirect Client 1
Indirect Client 2
Indirect Client 3
Gross Omnibus (GOSA)
CCP
Member
Member House Account
Direct Clients
Indirect Clients
under Client 1
Indirect Clients
under Client 2
Client 1
Client 2
Position
Position
Margin
Margin
Collateral
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Indirect
Client 1A
Indirect
Client 1B
Position
Position
Margin
Margin
Collateral
​
Indirect
Client 2A
Indirect
Client 2B
Position
Position
Margin
Margin
Collateral
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CCP Account Structures & Fees
ICE
NOSA/BOSA Fee - Free of charge
GOSA Fee - €5,000 per year per account
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Clearing Broker pricing for GOSA: £5,000.00 per month per indirect client per exchange
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AMT Futures Limited pricing for GOSA: £1,000.00 per month per indirect client per exchange
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AMT Futures Limited is obligated to pass on all of the above costs to its clients.