Cross-currency margining can bring savings, says SwapClear's Michael Davie


Asia Risk: The Australian Securities Exchange recently launched interest rate clearing services offering clients the capability to cross-margin across their futures portfolio. Does this represent a threat to LCH.Clearnet's Australia business?

Michael Davie: Cross-margining of swaps against futures and other products is much talked about but if you have a multi-currency swap book, which Australian firms on the buy and sell side do, then there are substantial gains to be had by putting different

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:

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

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 individual account here: