Account Naming Convention
30 Aug, 2020 16:00Muqassa Members will apply to Muqassa for creating Trading and Position Accounts in accordance with Article 9 (Account Opening) of the Clearing Procedures for Derivatives. Muqassa Members will also have access to Accounts on Muqassa Clearing System (Core Desktop) to view trades, manage post –trade activities and monitor margin and collateral accounts.
Below is Muqassa Account Naming Convention used in Muqassa Clearing System, as reference, which shows how Trading and Position Accounts, Collateral Accounts, Default Fund Account and Limit Account for Direct Clearing Member, General Clearing Member and Non-Clearing Member are going to be named.