At FICC, 20 margin breaches in Q1

The Fixed Income Clearing Corporation (FICC) reported 20 instances when a client account’s initial margin coverage fell short of its risk exposure in the three months to end-March. In the year-ago quarter, the number was six.

The clearing house, a division of the Depository Trust & Clearing Corporation (DTCC), posted 157 margin breaches for the 12-month period ending Q1 2019 compared with 137 for the 12 months till Q4 2018.

Of those 157, FICC’s government securities division (GSD) accounted

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:

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 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: