IM at Eurex Clearing’s IRS unit rose again in Q3
Heightened market volatility behind latest increase to record high €50.7bn
Initial margin (IM) demanded by Eurex Clearing for its interest rate swaps (IRS) clearing service rose 14% in the third quarter to the highest level on record.
Total required IM stood at €50.7 billion ($53.8 billion) at end-September. The split was 36% for house accounts and 64% for client accounts.
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