|Net Omnibus Client Account|
|European Union Electricity Market Glossary|
Net Omnibus Client Account represents one of two main levels of segregation within omnibus client account (the other is Gross Omnibus Client Account), where the margin called by the CCP in respect of the CCP transactions is called on the basis of the net CCP transactions recorded in the omnibus client account.
Net Omnibus Client Accounts are among the range of products of different degrees of segregation, voluntarily developed by some CCPs, whereas mandatory for CCPs under the EMIR Regulation are one type of omnibus client cccount and one type of individual client account.
|Last Updated on Wednesday, 10 February 2016 23:03|