OCC made $32bn initial margin call in Q1
Clearing house reported peak margin breach of $273 million
The Options Clearing Corporation demanded $31.8 billion in initial margin from its members on one day in the first quarter to make up for shortfalls caused by rollicking markets.
The clearing house disclosed 89 initial margin breaches for the 12-month period ending March 31, the highest cumulative total going back to Q3 2015, and a net increase of 76 on the end-2019 tally.
The single biggest
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