MIAX also increased net capital in the FCM, Dorman Trading, by $40m.
The transition to mandatory central clearing has implications beyond Treasury cash and repo markets.
There is considerable work to do to prepare for the repo deadline.
The firm has been admitted as a general clearing member of the London Stock Exchange.
The introduction of central clearing will help align Iceland with international standards.
Prediction markets need to fit into the existing execution stack and risk systems used by institutions.
Booij decided not to extend his mandate from 1 January 2027.
CME Securities Clearing is designed to help market participants comply with the SEC's Treasury clearing rule.
Clearing members and their clients realized margin offsets reaching 60% of the total FX initial margin.
