Rising initial margin costs tilts the balance in favour of clearing

Home https://ift.tt/2XpR0HC As international standard-setters have extended the implementation period of the lowest threshold for the uncleared margin rules (UMR) to 2021, Kahyang Chong, head of ForexClear product, Europe, the Middle East and Africa at LCH, explores the options available to market participants likely to be caught in the upcoming UMR phases and the benefits that can be derived from clearing.