IM at Eurex Clearing’s IRS unit rose again in Q3

Heightened market volatility behind latest increase to record high €50.7bn

Initial margin (IM) demanded by Eurex Clearing for its interest rate swaps (IRS) clearing service rose 14% in the third quarter to the highest level on record.

Total required IM stood at €50.7 billion ($53.8 billion) at end-September. The split was 36% for house accounts and 64% for client accounts.



The increase was largely driven by higher market volatility towards the end of the quarter, the central counterparty (CCP) tells Risk Quantum.

The sum of IM across the 11 clearing

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a 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