Moscow Interbank Currency Exchange (Micex) has introduced the
standard portfolio analysis of risk system (SPAN) integrated
with its platforms in a bid to attract more clients. But
observers say it is unlikely to win over users of rival
The new technology is a leap forward from the previous risk
management setup, which centred on paying deposit margins for
each derivatives deal. Margin requirements increased
transaction costs by 5% to 15%.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.