A client of a Clearing firm which has the opportunity to transfer obligations and collateral to another Clearing firm.
He Clearing firm (BROKER) from which the NCC transfers collateral and obligations.
The Clearing firm to which the NCC transfers collateral and obligations.
Non-residents (foreign brokers, funds), major resident clients, non-financial companies, sub-brokers, etc.
A separate Trading and Clearing Account (TCA) is opened by the broker in the Securities Market;
The Settlement Code (SC) – in the FX Market;
A Segregated Brokerage Company - in the Derivatives Market.
A message from management of BCS Global Markets
The continuously evolving nature of the global coronavirus situation has meant we at BCS Global Markets (BCS) are taking all necessary steps to keep business disruption to an absolute minimum.
Effective from today (Wednesday 18th March) employees from all divisions of the business based in our Russia, UK, USA and Cyprus offices who can work from home without creating any even minor possible risk for business continuity of the Group will be working remotely. It is very much business as usual at BCS. Our employees are equipped with secure access to our systems and will follow their normal working hours, keeping in regular contact with their colleagues and clients.
Despite ongoing disruption caused by COVID-19, we want to also assure you that following a sustained period of positive performance, our capital and liquidity position remains very strong. The business is well-placed to meet any subsequent financial challenges and will continue to go above and beyond for our clients.