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  1. Point in time
    2024-12-18

Article 11 (Article 10(4)(b) of Regulation (EU) No 648/2012)Clearing thresholds

The clearing thresholds values for the purpose of the clearing obligation shall be:

  1. (a)

    EUR 1 billion in gross notional value for OTC credit derivative contracts;

  2. (b)

    EUR 1 billion in gross notional value for OTC equity derivative contracts;

  3. (c)

    EUR 3 billion in gross notional value for OTC interest rate derivative contracts;

  4. (d)

    EUR 3 billion in gross notional value for OTC foreign exchange derivative contracts;

  5. (e)

    EUR 3 billion in gross notional value for OTC commodity derivative contracts and other OTC derivative contracts not provided for under points (a) to (d).