Initial margin requirements for centrally cleared markets increased by $300bn over March 2020.
Phase 5 of the uncleared margin rules came into effect on 1 September.
Smaller entities come into scope in phase five of the uncleared margin regulations on September 1.
This is part of BlackRock’s multi-year investment in the Aladdin platform’s derivatives functionality
Majority of asset managers are unprepared despite deadline extension.
Margin calls increased due to volatility caused by the Covid-19 pandemic.
Daily margin calls increased during the March volatility.
The industry spends more than $20bn a year processing trades.
They aim to help mutual clients reduce the cost of margin management.