NG Clearing Limited

The process of Novation is crucial to NG Clearings' role as a CCP. For trades to be guaranteed, NG Clearing comes between the buyer and the seller in a derivatives contract. NG Clearing becomes the seller to the buyer and the buyer to the seller.

By doing this, NG Clearing removes the risk of direct exposure the seller and buyer have to each other.

We wish you a blessed and joyous Eid Celebration.

From all of us at NG Clearing