ISDA highlights rise in non-cash variation margin collateral in bilateral derivatives

26th August, 2026

Aravind Bulusu
New York

The International Swaps and Derivatives Association (ISDA) released a report detailing growing momentum and operational challenges in expanding the universe of eligible variation margin (VM) collateral for non-cleared derivatives.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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