CFTC, Treasury officials boost Isda push for IM revamp

Isda AGM: Research paid for by trade body calls for variable MPOR

Giancarlo: replace 10-day MPOR with tailored approach

Read all our coverage from the Isda AGM here

A senior US regulator and an official at the US Department of the Treasury have added their weight to a derivatives industry campaign to rethink the way initial margin is calculated for non-cleared swaps. 

Rules finalised by US prudential regulators in 2015 require derivatives users to post initial margin on non-cleared trades, calculated using a 99% confidence interval and 10-day liquidation horizon – or margin period of risk (MPOR). Margin for cle