Content area
Full Text
The International Swaps and Derivatives Association is working with market participants to develop a standard initial margin model and is looking at the best ways of establishing a margin as a starting point.
"The issue with the [working group on margin requirements] proposal is how to come up with a margin - do we use a model, do we use a grid based system?" said Biswarup Chatterjee, ISDA board member and global head of electronic trading, credit markets, Citigroup, on the regulatory capital panel at the ISDA Annual General Meeting at the Westin Grand hotel in Munich on Wednesday morning. "The other...