Concept of Collateral
Collateral means the items, movables, document evidencing claims, etc. provided to the obligee so that they can be compensated for the obligation in case of a default by the obligor. The KRX, as the CCP, acts as the counterparty to every clearing eligible transaction and collects a certain type of collateral in case of a default by the counterparty, the obligor.
Content Manager
  • CCP Risk Management 051-662-2742