EU banks seek last-minute margin reprieve for equity options
European dealers want exemption rolled over, to avoid handing US firms a regulatory advantage
Trying to win a race can be almost impossible if your car is carrying a much heavier load than other competitors. Europe’s dealers are sounding the alarm that, in under six months’ time, they will be weighed down by posting non-cleared margin on some trades, while their US competitors will be exempt.
The affected trades involve equity options, and European banks are hoping regulators will either
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