ISDA Comment Paddling Hard for Margin Implementation
ISDA.org –This past month in derivatives markets has felt a bit duck-on-a-pond-like. On the surface, it all looks calm, the duck is serenely gliding along, with nothing more than the occasional quack to break the silence. Under the water, though, its webbed feet are paddling furiously. So it is with the derivatives market, as the largest banks prepare for the start of non-cleared margining rules from September 1.
A couple of articles have recently picked up on the all-out effort to prepare for the rules – this one from Bloomberg, and this one from Risk…
Trade associations have asked for an extension of the temporary equivalence decision for UK CCPs.
Contracts will be based on Bloomberg Barclays MSCI Global Green Bond and Euro Corporate SRI indexes.
Trading Technologies has partnered with Chinese clearing broker COFCO Futures.
The exchange's derivatives segment will close for trading on Friday 28 January 2022.
The offering makes it simple for firms to track their sustainable derivatives positions.