Assets of the SGF are classified according to the collaterals provided by its members as follows:

1- A bank guarantee which is calculated on the basis of the average net amounts due to be paid by the Broker in favor of the settlement as a result of its securities trading transactions through the Market for a period of twelve months with a minimum of (50,000) fifty thousand Dinars in accordance with the following formula:

Amount of the bank guarantee (G)= (A x Px S) ≥ (50,000) Dinars.

A: is the daily average of the net amounts due to be paid by the Broker in favor of the settlement for twelve months;

P: is the percentage of days that the Broker had to pay amounts in favor of the settlement and is calculated by dividing the number of days that the broker had to pay amounts in favor of the settlement by the number of trading days within the period of twelve months.

S: is the settlement period.

2- cash contribution which is calculated in accordance with the following formula:

The amount of the cash contribution = ( X x Y x S) – G ≥ (25,000) Dinars.

X: is the daily average net amounts to be paid by the Broker in favor of the settlement for the last three months.

Y: is the percentage of days that the broker had to pay amounts for settlement for the last three months and is calculated by dividing the number of days in which the broker had to pay amounts in favor of the settlement by the number of trading days in that period.

S: is the period of settlement.

G: represents the amount of the bank guarantee calculated in accordance with the provision of Paragraph (A) of this Article.

1- Bank guarantee with a minimum (100,000) Dinars (for Non-bank custodians)

2- Open Standing Instructions with unlimited value upon agreement with the Central Bank of Jordan (CBJ) to transfer the defaulted amount from their accounts with CBJ to the SDC upon the request of the SDC according to the phrasing accepted by the Fund’s Board of Directors (for Bank Custodians).