The Derivatives (Maof) Clearing House (futures and financial instruments) performs clearing & settlement of options and futures contracts ("derivatives").. This means the Derivatives Clearing House settles transactions which were executed during the trade, transfer of the securities from sellers to buyers on the one hand and the payment of the monetary consideration from the buyers to the sellers on the other hand. In addition, following the expiration date the Derivatives Clearing House settles the expiring & (monetary) exercise of the derivatives.
