January 21, 2020

Uncleared Margin Rules (UMR) – will you avoid the chaos?

Uncleared Margin Rules (UMR) have been put in place globally to mitigate credit exposures and reduce systemic risk in derivative markets Firms are required to calculate initial and variation margin requirements on a daily basis Daily initial margin requirements must be supported by both the posting AND receiving of collateral which must be held in...
Read More