Margin Call Procedure:
Procedures for Margin Calls, Collateral Deposit, and Withdrawal
AD Clear follows strict timelines for margin calls and collateral management:
- Margin calls issued after 12:00 PM must be met by 12:00 PM on the next business day.
- Clearing Members can request the withdrawal of excess margin collaterals provided certain conditions are met.
- Collateral deposits must be submitted by 04:30 PM on the same business day.
This methodology ensures that AD Clear maintains a robust risk management framework, aligning with market conditions and ensuring the financial stability of its clearing members.
Margin Timeline:
Activity |
Timeline (UAE timing) |
End of Day Margin Call (issued after 12:00 PM) |
By 12:00 PM of the next business day |
Collateral Deposit |
By 04:30 PM on the same business day |
Collateral Withdrawal |
By 11:30 AM on the same business day |
Adhoc Margin Call |
Within 4 hours after AD Clear issues the margin call |