Margin standards are here – and clearing firms aren’t happy
Clearing members complain that latest transparency proposals would force them to act as middlemen by providing margin simulation tools for clients
You asked for it. Now you’ve got it.
After years of lobbying for new rules on margin transparency, clearing firms finally had their wish when supranational regulators released draft standards on the topic in January.
But the proposals have raised a fresh set of concerns. Parties are unsure whether final rules will match up across different countries and regions. Clearing firms have also expressed fears that the rules impose extra, unwanted demands on them.
The proposals are outlined in a report
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