Banks like the idea of reducing their margin allocations to clearing
Two of the largest futures banks have backed moves by Europe's
clearing houses to introduce cross-margining, a new technique
that could radically reduce the cost of clearing for
Speaking at FOW Derivatives World CEE in Warsaw, clearing
experts from Citigroup and Nomura said cross-margining services
by clearing house are a positive step.
"Cross-margining is something that will drive liquidity if the
sell-side go there," said Silas Findley, managing director and
EMEA head of futures, clearing and collateral at
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