CFTC urged to cement relief from a non-cleared margin rule

Industry seeks permanent right to specify two minimum transfer amounts: for initial and variation margin

countdown-494443726

The derivatives industry is calling on US regulators to permanently allow a common application of a rule on margin for uncleared swaps, a change that would be welcomed by large funds and banks.

The rule relieves swap dealers and major swap participants of having to collect or post initial and variation margin as long as the combined required amount of collateral does not exceed $500,000 – the level known as the minimum transfer amount (MTA).

In reality, swap participants have been writing two

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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 individual account here