Too much choice: The problems with Europe's plethora of segregation models

segregation

When Europe's over-the-counter derivatives clearing rules take effect – probably during the first quarter next year – users may be able to choose from no fewer than 15 different segregation models, offered by the market’s four major central counterparties (CCPs). That could be bewildering, but for the clearing members that act as gateways to a CCP, the problem is less abstract – there will be too many different account types to support.

“We’re concerned about the multiplicity of margin segregati

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: