Simple, but sensitive: challenges face standard uncleared margin model

Simple, but sensitive

weathervane

Part of warfare is knowing when a battle is lost, minimising casualties, and redeploying troops to territory that can be successfully defended. Derivatives dealers know the drill. Having opposed plans for the margining of uncleared over-the-counter trades since they were first proposed in July last year, the International Swaps and Derivatives Association has now convened a committee that will design a standard model for use in the new regime.

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