JP exec calls for derivatives margin changes

Nick Rustad: “We haven’t seen all these asset classes be volatile at the same time”

JP Morgan

Robert Mackenzie Smith
10 Sep 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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 margin held from one mark-to-market period to the next – ranged from 26% in crude oil futures at the

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]