Clearing Manager Key Documents

Prudential Assessment and Security Methodologies

Settlement

Financial Transmission Rights

Invoicing and Settlement

Hedge Settlement Agreement (HSA)

  • Standard Hedge Settlement Agreement Form (Download PDF or DOCX)
  • Capped Hedge Settlement Agreement Form (Download PDF or DOCX)
  • Capped, Average & Period Hedge Settlement Agreement Form (Download PDF or DOCX)

Security for Cash Deposits

To deposit cash to meet prudential obligations, participants must have an active security agreement, using the approved Specific Security Deed Template. Companies with only one director must have the signature witnessed when executing this deed. If a security interest has already been registered over the cash to be used as prudential, a New Zealand Bankers Association Deed of Priority must also be submitted following the templates available from the Bankers Association.

Pricing Error Claims

Pricing errors may only be claimed if the issue is related to prices not being made available in WITS or if you believe the clearing manager has followed an incorrect process. More information within the claim form.