Proposed Isda calculation could reduces initial margin by a factor of ten
Trade body the International Swaps and Derivatives Association
proposed a new method to calculate initial margin (IM) for
non-cleared OTC derivatives that could see firms cut their
margin contributions by a factor of ten.
Isda outlined on
Wednesday a standardised
risk-based model to calculate initial margin as an alternative
to an earlier proposal by Basel and Iosco.
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