Clearing house of the year: CME Group

phupinder-gill-and-kim-taylor-ignacio-alvarez
Phupinder Gill and Kim Taylor

Nobody knows how much margin will be consumed as over-the-counter derivatives move to a post-crisis regime based on central clearing and two-way collateral posting, but there is one certainty – the less an individual firm has to post, the happier it will be. The result is intense competition to develop low-margin products and services, and CME Group led the way in both respects during 2012 – first offering margin savings across cleared OTC and futures positions, and then launching a new swap

To continue reading...

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 indvidual account here: