CCP NCC sets the following risk parameters for new futures on Derivatives market starting from 7 p.m. of November, 19^th 2025:

1. Market risk rates and concentration limits:

   Underlying	Market risk rates			Concentration limit, pcs
   	MR1	MR2	MR3	LK1	LK2
   SILVM	11%	16%	24%	856 310	4 281 550

   
    

2. SILV, SILVM and GOLD contracts will be included in intercontract spread group with 50% of IM discount. CCP NCC sets parameter window_size = 0.5 (discount within the group = (1 – window_size)).
    

   ICS	IM discount	Value of window_size, in fractions
   SILV_SILVM	50%	0.5
   SILV_GOLD	50%	0.5
   SILVM_GOLD	50%	0.5

   
   
   Risk parameters will be available on the NCC website from November, 20^th 2025.- https://www.nationalclearingcentre.com/catalog/530902