Clearing houses in Asia to overhaul creaking margin models

Fears of Nasdaq-style failures spur rethink of margining practices at HKEx, JSCC, SGX

A trading event born in a small town in Norway has reverberated all the way to the financial centres of Singapore, Hong Kong and Tokyo, where clearing house bosses are scrambling to shore up margining practices to prevent outsized losses due to member default.

Asia’s largest central counterparties acknowledge they need to revamp their margin models, as banks channel more of their bookings through regional entities and non-cleared margin requirements start to push trades to CCPs. But September’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here