Did anyone else notice this? I assume this means that posting bonds would be preferable, otherwise you will have an additional amount of cash to fund.
The note also says the LCH pricing structure for cash and non-cash collateral is being reviewed.
Did anyone else notice this? I assume this means that posting bonds would be preferable, otherwise you will have an additional amount of cash to fund.
The note also says the LCH pricing structure for cash and non-cash collateral is being reviewed.
This only applies to member balances and specifically excludes swapclear client balances. Likewise different spreads apply with clients generally facing narrower spreads than members.