Credit Suisse’s US clearing unit cuts client margin by over 40%

Required segregated customer funds for swaps, futures and options down sharply since Archegos default

Required client margin held by Credit Suisse’s US clearing businesses dropped by more than 40% since the Archegos debacle in March 2021, as clients took their trades elsewhere.

Data from the Commodity Futures Trading Commission (CFTC) for futures commission merchants (FCMs) shows the US unit of the Swiss bank held $7.04 billion of required segregated customer funds to cover their cleared swaps at end-November, down 46% since March.

  //

 

Required segregated customer funds for futures and

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: http://subscriptions.risk.net/subscribe

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 Risk.net 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: