Industry urges focus on initial margin instead of intraday VM

CPMI-Iosco says scheduled variation margin is better than ad hoc calls by clearing houses

Scheduling

Market participants are welcoming regulatory scrutiny on severe intraday variation margin calls by clearing houses, but say there may be better solutions than those proposed so far.

In a report on streamlining variation margin practices at central counterparties (CCPs), published in February, the Basel Committee on Payments and Market Infrastructure and the International Organization of Securities Commissions (CPMI-Iosco) issued a list of eight recommendations. The first was to schedule more

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com 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 FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: