At CME, required IM increased over one-third in 2020

As of December 31, 2020, required initial margin (IM) held at CME came to $189.2 billion, up a whopping 38% on a year prior.

Total required IM held for cleared interest rate swaps was $37.6 billion at end-2020, which represented a 3% dip on end-September but a 28% increase year on year. Of this end-year amount, IM for clearing member (house) accounts made up $9.1 billion, up 12% year on year, and that for client accounts $28.5 billion, up 35%.

Required IM for futures and options cleared by CME