Client margin up 7% at Bank of America’s swaps unit

- By Alessandro Aimone
- @aimoneale
- 20 Dec 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Required client margin held by Bank of America’s swaps clearing unit jumped by $901 million (7%) in the month of October – the biggest increase of the 15 reporting futures commission merchants (FCMs).

Data from the Commodity Futures Trading Commission (CFTC) shows the US bank held $13.2 billion of required margin from clients to cover their swap trades, the highest level on record.

!function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t]

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net