INDIRECT CLEARING | amtfutures
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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

​

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.

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