CFTC urged to rethink rules that threaten cross-margining

The cross-product margining maze

Dave Olsen
Dave Olsen

Cross-product margining is a cumbersome term that matters for a simple reason – it makes it cheaper to use a clearing house – and since politicians first considered mandating the use of central clearing for over-the-counter derivatives, it has been invoked by dealers to console their clients. Using central counterparties (CCPs) wouldn’t be so bad, they said, because the dealer could look at its uncleared trades with a client, then take into account offsets on trades cleared via its futures commi

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: