Mizuho’s F&O clearing unit doubled client margin in 2021
Japanese bank overtakes Credit Suisse, UBS and Interactive Brokers to become seventh-largest FCM in required margin
Required client margin held by Mizuho’s futures and options (F&O) clearing unit rose almost 99% in 2021 – the biggest percentage increase of the 47 reporting futures commission merchants (FCMs).
Data from the Commodity Futures Trading Commission (CFTC) shows the Japanese bank held $10.9 billion of required segregated customer funds to cover their F&O trades at end-December. A year earlier, client
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