Nasdaq Clearing’s clearing model offers a wide range of alternatives for market access, segregation and portability including both agent and principal clearing. This means capital efficiency for clearing members and clients through offsets between asset classes and streamlined settlement flows. This is key in the ambition to create legal and operational efficiency for clients, members and the clearing house.
Nasdaq Clearing offers flexible solutions for house and client clearing where omnibus accounts and individual client accounts can be set up with segregation from house accounts as well as from other client accounts.
This document describes the levels of protection and the costs associated with the different levels of segregation offered by, and certain risks that are associated with the process of clearing derivatives through, Nasdaq Clearing AB, based on the Clearing Rules of Nasdaq Derivatives Market and the Clearing Rules of Nasdaq Commodity Derivatives.