Banks exchange $1 trillion in collateral from phase one of uncleared margin rules
Initial margin collected by phase one firms for their non-cleared derivatives totalled $173.2 billion, an increase of 10% compared to year-end 2018.
Tag: margin
Mass margin calls spark operational headache for buy-side and brokers
Market volatility sparked by the COVID-19 pandemic has resulted in a significant increase in prime brokers asking for more collateral from hedge funds.
JP Morgan automates derivatives margin payments with DLT
JP Morgan has developed a DLT-based system to speed-up and automate post-trade margin payments.
LCH sees buy-side boost in inflation swaps clearing
Buy-side cleared inflation swaps volumes have rocketed since 1 September with dealers offering cheaper prices.
NetOTC shelves planned margin platform
The NetOTC Bilateral platform was intended to go live this year to coincide with incoming margin requirements.
LCH goes live with Spider
Banks will be able to offset margin calls for cleared interest rate swaps and listed futures.
ISDA chief demands regulatory clarity for margin model
O' Malia demands regulators to recognise ISDA's standardised model for calculating margin.
OTC margin rules will hit the buy-side hardest, says panel
Introduction of new margin rules will be highly detrimental to the buy-side, according to an industry panel.