Higher margins would aid clearing stability – Ice Clear chief

Using volatility floors to aid “higher margins in peacetime” would have to be globally applied policy, warns Serafini

Coronavirus

The head of London’s largest futures clearing house has voiced support for measures that would see clearing house margins stay permanently higher once the current period of heightened volatility sparked by the Covid-19 pandemic subsides.

Speaking at an industry event on June 24, Ice Clear Europe president Hester Serafini voiced tentative support for the idea of reviewing volatility floors at CCPs to encourage “more margin stability over time” – but argued any such moves would have to be adopted

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: