US clearing banks still push for leverage ratio IM offset
Potential cut in ratio and adoption of SA-CCR not enough to stop shake-out, FCMs warn
A potential cut in the US supplementary leverage ratio being considered by the US Federal Reserve is not sufficient to restore the economics of client clearing and avoid more firms exiting the business, futures commission merchants (FCMs) are warning.
The head of clearing for a global systemically important bank (G-Sib) tells Risk.net other forms of relief from capital charges are welcome, but an
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