Goldman hikes clearing fees by 75bp as leverage ratio bites

New fee structure amounts to a fourfold increase in some cases

Goldman Sachs
Goldman Sachs' headquarters

Goldman Sachs is increasing derivatives clearing costs by up to 75 basis points as customers begin to share the weight of the US supplementary leverage ratio (SLR). The price hike represents a fourfold increase in some cases.

Other futures commission merchants (FCMs) – which provide access to clearing houses on an agency basis – are also raising their costs, but Goldman is the first case in which it has been possible to confirm the scale and details of the change. Three other FCMs and one client

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here