Indirect Clearing.
Indirect Clearing
Under the indirect clearing rules related to the implementation of the Markets in Financial Instruments Regulation (MiFIR) and the Markets in Financial Instruments Directive II (MiFID II), AMT Futures Limited is obliged to offer their "indirect clearing" clients the option to choose between a NOSA/ BOSA and a GOSA account structure.
The diagrams below outline the two account types (Net or Basic, and Gross OSA) that we offer.
Net Omnibus (NOSA or BOSA) - please note that this is current account structure
CCP Account Structures & Fees
ICE
NOSA/BOSA Fee - Free of charge
GOSA Fee - €5,000 per year per account
Clearing Broker pricing for GOSA: £5,000.00 per month per indirect client per exchange
AMT Futures Limited pricing for GOSA: £1,000.00 per month per indirect client per exchange
AMT Futures Limited is obligated to pass on all of the above costs to its clients.