Non-cleared margin rules put spotlight on Blazer market hub

Trade and model mismatches will be key tests for vital margin call service

square-peg-in-round-hole-2
Mismatched trades could present problems for the new Blazer utility

An industry utility developed to automate margin calls will be under the spotlight from today (September 1) as Basel Committee rules governing initial margin (IM) for derivatives trades between major dealers come into force. US, Canadian and Japanese dealers will all be subject to the first wave of fully margined interbank trades.

The utility – referred to as Blazer after the internal name given to the project by its lead developer, Boston-based margin messaging service AcadiaSoft – has

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: