Peak IM call at OCC jumps 38% in Q2
Outsized equity price moves behind third-largest IM call on record
The Options Clearing Corporation demanded $15.1 billion in initial margin (IM) from its members on one day in the second quarter, in response to large equity price moves and heightened market volatility.
The peak IM call was 38% bigger than the one issued the previous quarter, and the third-largest since regulatory disclosures were first published by the central counterparty (CCP) in 2015.
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