Nex Services North America LLC

Chicago Mercantile Exchange Inc.

Yuval Kost

Nicholas J Solinger

A computer systemfor central counterparty limit management, the computer systemcomprising one or more computers on a network. The computer systemcomprises an input to receive an indication of a planned order of at least one over-the-counter derivative between counterparties from an asset manager. The planned order is associated with at least one actual order to be executed on an execution venue. The computer systemalso includes at least one storage device configured to store a limit comprising an indication of counterparty risk as a stored limit of the asset manager; an execution venue output configured to output an indication of a counterparty risk limit of the asset managerto an execution venue; and an asset manager output configured to output an indication that the planned order is within the stored limit of the asset manager to the asset manager. The computer systemis configured such that in response to receiving the indication of a planned order at the input from the asset manager, computer systemchecks if the planned order is within the stored limit of the asset manager, and, if the planned order is within the stored limited of the asset manager, the computer systemoutputs from the execution venue output an indication of a limit corresponding to the limit required to execute the actual order associated with the planned order on an execution venueto the execution venue.

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Tel Aviv, Israel

Yuval Kost