NCC | Risk parameters for new futures on Derivatives ma

24 November 2025 Risk parameters for new futures on Derivatives market

CCP NCC sets the following risk parameters on Securities market starting from November, 25^th 2025, and on Derivatives market starting from 7 p.m. of November, 24^th 2025:

1. Concentration limits on Securities market:

Underlying	Current concentration limits, pcs		Concentration limits from November, 25th 2025
Underlying	LK1	LK2	LK1	LK2
NVTK	744 479	3 722 393	572 571	2 862 855

2. Concentration limits on Derivatives market:

Underlying	Current concentration limits, pcs		Concentration limits from 7 p.m. of November, 24th 2025
Underlying	LK1	LK2	LK1	LK2
NOTK	744 479	3 722 393	572 571	2 862 855

3. Market risk rates and concentration limits on Derivatives market:

Underlying	Market risk rates			Concentration limit, pcs
Underlying	MR1	MR2	MR3	LK1	LK2
NOTKM	20%	26%	33%	572 571	2 862 855
RTKMP	25%	31%	38%	459 035	2 295 175
IVAT	33%	50%	75%	185 053	925 265
ENPG	33%	50%	75%	118 358	591 790

4. NOTK and NOTKM contracts will be included in intercontract spread group with 100% of IM discount. CCP NCC sets parameter window_size = 0. (discount within the group = (1 – window_size)).

ICS	IM discount	Value of window_size, in fractions
NOTKM_NOTK	100%	0

Risk parameters will be available on the NCC website from November, 25^th 2025.- https://www.nationalclearingcentre.com/catalog/530902