CME targets year-end rollout of new margin model

Clearing house testing new Span 2 framework with members, more work needed with vendors

CME Group
Photo: Marco Verch/Flickr

CME Group hopes to begin rolling out its new value-at-risk-based margin framework in the fourth quarter of this year, after the coronavirus pandemic and a logjam at key vendors delayed its long-planned launch.

Span 2 was initially slated to launch in the first quarter of 2020, with the bourse’s suite of energy products set to be the first asset class margined according to the new methodology. In late 2019, this date was pushed back to the third quarter of 2020, with the pandemic then causing a

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: