Dealers renew push for standardised CSAs

Banks hope LCH platform will help cut costs and complexity as non-cleared margin regime looms

Standard packages: Dealers want more standardisation in collateral agreements

This is the fourth in a series of four articles examining the future of the non-cleared swaps market. The first article is available here, the second is here, and the third is here.

LCH sits at the heart of the over-the-counter derivatives market, with a dominant market share in cleared interest rate swaps. Now, it wants a piece of the non-cleared business.

The London-based clearing house is gearing up to launch a so-called swap agent platform, which would calculate variation margin and net