Preparing for Margin Call Mania In Cleared Swaps – Wall Street & Technology
Preparing for Margin Call Mania In Cleared Swaps – Wall Street & Technology. Ivy interviews Craig the CEO at AcadiaSoft, and points out that moving to daily margin calls on
February 16, 2012 - Editor
Category: Clearing
Preparing for Margin Call Mania In Cleared Swaps – Wall Street & Technology.
Ivy interviews Craig the CEO at AcadiaSoft, and points out that moving to daily margin calls on ISDA CSAs is itself an operational demand on buy-side firms compared to weekly or monthly calls.
Once the buy-side embraces clearing, not only will they face a daily margin call, but potentially multiple intraday calls too. Of course the role of an FCM or Clearing Broker is meant to intermediate this process and potentially (at a cost) eliminate intraday calls for the buy-side by taking some risk on posting additional margin to the CCP.
The gist of the article is that the MarginSphere hub, enables electronic communication on margin calls, rather than email, fax or phone.
Popular
Most Viewed
Articles
Sep. 15, 2022
Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics
Sep. 06, 2022
Siege FX announces the launch of NetFix
Aug. 02, 2022
OSTTRA and LCH collaborate to reconcile bilateral OTC trade data
Jul. 26, 2022
Sell-side systems in need of upgrade for new risk reality
Jul. 15, 2022