NOVARUM :: Our Firm :: Novarum Global Trading

Counterparty Credit Risk

Our Services

• Competitive Advantage

• Operating Model

• Business Purpose

• Creditworthiness

• CCDS Standard Valuation Model

• Central Counterparty

Documentation

Novarum Global Trading GmbH's Operating Guidelines ("OG") authorize it to execute specified CCDSs and associated plain vanilla OTC derivative hedges, (collectively referred to in the OG as "APPROVED TRADING INSTRUMENTS") with select counterparties (referred to in the OG as "APPROVED COUNTERPARTIES"), governed under standard ISDA documentation (referred to in the OG as "APPROVED DOCUMENTATION").