Page 17 - Initial Margin News Today

Hazeltree Responds To Client Demand For Determining UMR Compliance With Hazeltree AANA Estimator™ Date 05/05/2021 Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator™, in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance. AANA (Average Aggr...

(0) NEW YORK, May 05, 2021, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance. AANA (Average Aggregate Notional Amount) is the metric which determines whether a firm falls within the scope of the mandate. Haze...

Regulator-prescribed margin methodology permits six-times leverage on equity swaps

Hazeltree Responds to Client Demand for Determining UMR Compliance with Hazeltree AANA Estimator™ NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator™ in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance....

Risk.net Swiss bank gave family office 10 times leverage, compared with four or five times at Goldman Risk.net montage Print this page   Credit Suisse collected just 10% margin for the equity swaps it traded with Archegos Capital Management, Risk.net can reveal – a figure that undershoots industry standards, and helps explain the mammoth $4.7 billion loss suffered by the Swiss bank when its client defaulted at the end of March. The average swap margin posted by Archegos was arou...

<p><span>New shares will be accepted to margin trading starting from May 4, 2021. From this date on, risk parameters will be applied according to the table below.</span></p>

Simm template to be expanded for SA-CCR and FRTB Crif-plus will capture risk exposures for all instruments, boosting optimisation potential Print this page   The standard industry template used to calculate margin requirements for non-cleared trades is being extended to a wider range of instruments in a bid to improve portfolio optimisation under incoming counterparty credit and market risk frameworks. The International Swaps and Derivatives Association is working with core users o...

Non-cleared margin logjam looms after squandered delay Fewer than half of phase five firms have submitted documentation necessary to open custody accounts Print this page   Buy-side firms could struggle to meet the already delayed deadline for complying with the fifth wave of the non-cleared margin rules after many of them wasted a 12-month extension granted by regulators in response to the Covid-19 pandemic.  Firms with more than €50 billion equivalent in average aggregate noti...

Print this page   The once monopolistic market for portfolio optimisation is entering a fresh era of competition and investment, as a new leverage regime nudges dealers to adopt next-gen rebalancing services in place of traditional rates compression. In January, Quantile Technologies – one of the earliest rivals to first-mover TriOptima in rates compression – secured a $51 million investment from US private equity firm, Spectrum Equity. The same month, IHS Markit pumped $113 mi...

Buy-side physical FX clearing at LCH faces scepticism Lack of clearing mandate and settlement wrangles mean demand for putative service remains weak Print this page   The onward march of central clearing in financial markets has hit an obstacle. A move by the world’s largest clearing house to encourage asset managers and hedge funds to clear deliverable foreign exchange trades is foundering, market participants say. Questions have been raised over the costs to clients and banks f...