JP exec calls for derivatives margin changes
The move follows 13 significant margin breaches in 2018, with one breaching by as much as 245%
JP Morgan’s head of clearing, Nick Rustad, is calling for changes to clearing house margin practices, to take into account developments in market structure. New data shows there have been 13 significant initial margin breaches in listed derivatives markets so far this year.
According to the data, compiled by JP Morgan, the magnitude of the breaches – which occur when a price change exceeds the
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