Taming the systemic risk Hydra: 10 years of mandatory clearing
Regulators, clearers and market participants reflect on a decade of the clearing requirement
Source: risk.net
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Regulators, clearers and market participants reflect on a decade of the clearing requirement
FCMs complain they struggle to pass opaque margin calculations through to end-clients
LONDON, June 21 (Reuters) - The London Metal Exchange (LME) took emergency measures on March 8, 2022 to halt nickel trading as prices doubled to more than $100,000 a tonne. The surge was blamed on short-covering...
Participants warn proposals would push up hedging costs for little systemic protection
BofA quant’s model considers the correlation between market shocks and counterparty defaults