Initial margin at the OCC topped $100bn in Q4
Exchange-traded derivatives hub cleared 7.5 billion contracts in 2020
Initial margin (IM) posted to the Options Clearing Corporation (OCC) exceeded $100 billion at end-December, the highest ever quarter-end total disclosed by the central counterparty (CCP).
The end-2020 amount was also more than double the $53.3 billion reported a year ago, and 19% up on the amount three months prior.
House IM jumped 23% from end-September to end-December to $31.7 billion. Client
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