Tag: uncleared margin

uncleared margin

CFTC Proposes Rule to Ease Regulatory Burden

The Commodity Futures Trading Commission has approved a proposed rule that it says will reduce regulatory burdens for US market participants in order to promote economic growth and job creation, by bringing certain CFTC requirements in line with other US regulators. The proposed rule amends the CFTC’s margin requirements for uncleared swaps for swap dealers and major swap participants. It would ensure that master netting agreements are not excluded from the definition of “eligible master netting agreement” under the CFTC Margin Rule.

Tradition Extends Trade Compression to Uncleared Margin in FX

Inter-dealer broker Tradition says it has delivered an initial margin optimisation in FX, after extending its partnership with compression and analytics provider LMRKTS.
The two firms announced a strategic partnership in 2016 to handle execution and compression processing for G10 FX forwards and they say in February they completed a Standard Initial Margin Model optimisation for NDFs with a group of Tradition’s clients.
Tradition says it used its existing infrastructure and connectivity, in combination with LMRKTS’s analytics, to provide the end-to-end service for participants.